Unclear about the tds from income other than salary

TDS 1170 views 4 replies

futureplanner

Others

54 Points Joined August 2014

Hi Finance Experts

I am trying to file IT returns online in the official website https://incometaxindiaefiling.gov.in/. In the process of that under Tax Details tab I am not clear with the TDS income other than salary section. Below is the image for reference.

I know that the above TDS section is generated because I have had Short term Fixed Deposists in Axis Bank but I am not sure of this TDS deduction amount.

As shown in the above image, the tax deducted amount is auto generated, I haven't typed in anything there, so should I go ahead and submit the Form (or) Do I have to edit anything in those fields like, Tax Deducted(5), Unique TDS Certificate No (3), etc. To cross check the same, I have checked in my Axis Bank account statements and this same is not found in the entire account statement in the assessment year 2015-16.

Please help to resolve for safe tax filing.

Replies (4)

Udgam Koomar

Tax Technologist

1949 Points Joined August 2011

These auto populate figures are picked up from the form 26AS. If you see discrepancy, contact axis bank and get actual figures.

S. Shiroor

Others

1212 Points Joined July 2015

PLZ SEE TAX CREDIT STATEMENT FIRST

efiling--> accounts -->view 26AS-->download statement --> view 26AS at lesiure.

26AS statement will show all tax credits - salary under 192 and int from axis bank.

This tds entry will not be found in ur Axis bank acc bcoz it is deducted from your interest and the balance interest is credited to ur account. You must have received Form 16A from bank.

If 26 AS stement is correct file ur return

Happy filing

futureplanner

Others

54 Points Joined August 2014

Thanks for the quick reply.

As suggested I have checked the Form 24AS pdf which I have downloaded from the official efiling india website. Below is the navigation screenshot

I have clicked on View Form 26AS and downloaded pdf from the link : https://services.tdscpc.gov.in/serv/tapn/view26AS.xH T M L

selected Assessment year 2015-16

Below is the part of pdf which shows the TDS

The amount in this Form26AS is also showing as 2537 as Tax Deducted. Can I go ahead and submit the returns now? (Or) Do I have to check Form16A etc. Please and kindly confirm sir.