Tds- whether refund or repay

Hi,

I got the form 16 from my previous company. According to that i have filed the income tax returns. In the form 16 TDS amount was 25042 & same i have entered in the returns. But now i got the mail saying that against my PAN number only 21429 amount has been submitted. & they told me to pay the 3620 amount.

I called to my prev company then the admin person told me that your tax liability comes to 21249 & we have submitted the 25042 & the balance amount 3620 should get refunded.

So now how can i proceed further. I am confused. should i need to again file the returns for the prev years??

Please help

Thanks in advance

Vishal

Replies (3)

1st get your tax Liability Assessed from CA.

if it is

  i) 21429  Reply to your AO for the notice with a copy of F-16

  ii)25042 Reply to your AO stating thet your tax Liability is Rs.25042 and which has been deducted from your salary as shown in your f-16,

Note: there my be the case that your previous employer have deducted 25042 and deposited 21429, in that case also your employer is responcible for that and not you. Form 16 is the Final document to show that you have paid that much of amount, even if it is not showing in your PAN.

Thanks .. One more question .. what do you mean by AO.. Accessing Officer ?? OR can i send it to the banglore office ?

Yes Sir, It is assessing Officer. 

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