Hi All,
There is a mismatch in my form 16 and 26AS.
My form 16 shows correct salary and tax liability, however, in form 26AS my salary shown is less than the actual salary I recieved as per form 16 but the TDS deposited against my PAN in form 26AS is same as my tax liability shown in form 16 which is correct.
So, if I fill my ITR according to form 16, then there will be a missmatch between my income shown in form 26 and filled by me in ITR (which will be higher) although my tax liability will become zero. But if I follow form 26AS as base for my income then i will get refund which in actual is not correct.
So, I am not able to decide on which basis should i fill my ITR- form 16 or form 26AS?
What will be right way to resolve this ? as i have already talked to my emplyer and they are saying that its not possible to correct the form 26AS now. I dont want any tax inquiry from IT dept.
As the ITR filling deadline is approaching please help me reslove this issue asap.
Thanks in advance.