Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Tax Credit mismatch AY 2022-23

581 views

Save Share

Dilip Gandhi

113 Points Posted on 08 July 2022

Recently I rec'd order from IT Dept of processing my Return for the AY 2022-23 in which they asked to pay Income Tax of rs.1250/- when I checked processed return Sent by CPC it is found that CPC has not given tax credit of rs.5868/- deducted as TDS by ICICI Bank so tax demand arise now how can I slove issue they refused to accept hard copy of representation Pl guide me
Thanks

Replies (15)

Quick Summary

This discussion addresses an Income Tax demand for AY 2022-23 arising from a tax credit mismatch, where TDS deducted by ICICI Bank was not credited. The user initially faced issues with submitting a hard copy representation. Solutions suggested included checking the TDS schedule, filing a revised return, and using the 'reprocess return' option for TDS mismatches. The issue was ultimately resolved by filing a revised return, and participants also discussed the availability of the 'Tax Credit Mismatch' option for AY 2022-23.

CA Rashmi Gandhi

Chartered Accountant

86505 Points Posted on 08 July 2022

Just chec whether all details are correct if yes then file rectification for tax credit mismatch

Eswar Reddy S

CFO- at NHTF

58280 Points Posted on 09 July 2022

Check the tds schedule . If you find any issue then you can go for revised return..

Rectification doesn't work as long the technical issue is resolved under services menu

Dilip Gandhi

113 Points Posted on 09 July 2022

I have checked TDS Schedule in which year was stated 2020 at the time of filing return so I filed revised return but at the time of filing revised return year was automatically revised 2021 Thanks My issue solved