Reply to intimation u/s 143(1)

Dear Sir,

We received an intimation U/s 143(1). In which TDS mismatched, in this case  as per 16A and as per 26AS figures are different and we requested the deductor to submit again updated TDS returns for that Year. This is one problem and another one is we paid self assessment tax but it was not came in 26AS. Then I have doubt whether I have to file rectification request for the credit of self assessment tax before updation of TDS credit. If I put rectification request what will happen?

 

Give me your suggestions

Thanking you

Bsrkrishna

Replies (5)

dear krishna, you may rectify your return and correct the statements for 26AS. dont wait for correction in 26AS, do the both simultaneously.

Check the self-assessment tax receipt for any mistakes. 26AS not reflecting self-assessment tax paid is very rare. 

Originally posted by : Mihir
Check the self-assessment tax receipt for any mistakes. 26AS not reflecting self-assessment tax paid is very rare. 

If everything is not in order, then please follow the challan correction mechanism as applicable w.e.f. 1-9-2011 otherwise file rectification application u/s-154. Moreover, you have to inform your deductors for filing revised TDS return simultaneously so that the corrections can be reflected in your 26AS ASAP.

Krishna

For mismatch of TDS with 26AS u can revise of ur original I.T Return, if it is mistake in ur ends and/or if it is deductor mistake ask them to revise the TDS return.

Secondly if ur asst. tax not reflected in 26AS it may be wrong Asst. Yr. mentioned in challan.correct them through Bank.

 

Sorry for the mistake that i posted rearlier.

Actually we paid self assessment tax after return was filed(return filed with taaaaaaaax payable),tax paid amount was came in 26AS but it was shown in Intimation Received U/s 143(1).
then what should i have to do whether i file rectification request for Tax credit before or after updation of tds credit.if i file rectication request befor updation what will happen?

Thanking you sir

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