TDS not deducted for first two quarters

If you haven't deducted TDS for the first two quarters and only deducted it in the third, your employee's Form 26AS will only show the third quarter's salary. This creates a mismatch with Form 16. However, when you file the 24Q for the fourth quarter, you'll include the complete year's details, which will be reflected in the employee's Form 16. The monthly TDS deduction amount doesn't impact the employee's income calculation directly, but the total tax paid by the end of the financial year must match the amount claimed in their tax return.