Low income mentioned in form 26as

TDS 237 views 1 replies

Dear Sir,

This is about AY 2018 - 2019.

My wife had change of company. Following is how Form 26 AS reported

1st Company : The computation were correct as reported under the salary head of Form 16.

2nd Company : Rs 40000/= was reported less than what had to be reported. Actually it was reported Rs 244000/= (As reported in Form 26as) where as total income was Rs 320000/=  (as in Form 16) and under salary head it was Rs 288000/= (as in Form 16). So we added Rs 40000/= and submitted ITR 1. This was on 25th July 2018.

Now her income tax return is still "successfully e-verified". Is it a problem if we correct the amount and file. I am thinking about the reason of delay for processing of ITR. Is there something wrong for return status not progressing to ITR processed?

 

Kindly suggest.

Thanks and Regards

Sandip Kumar

Replies (1)
There is no such issue.. Even if in case of mismatch intimation would have generated u/s 143(1) in case of mismatch in Form 26AS and your computation....
but here you have provided higher income.. hence you should not worry and just ask department why return is not processed


CCI Pro

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