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Unknown transactions in my form 26as discovered today?

sunando ghosh (consultant)     23 August 2015

sunando ghosh
 37 points

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Unknown Transactions in my form 26AS discovered today?

I came across certain unrelated transactions in Form 26AS today from a company called DARCL LOGISTICS LIMITED under section 194C. I am not at all having connections with Deductor.

Unfortunately when I further downloaded all earlier Forms from TRACES website I found such transactions for 4 years out of last 8 years.

Pls guide as to what should be my next step.

Appreciate practical workable advice which I can follow and get my issue resolved.

Thanks in advance


Z (         )     23 August 2015

 256 likes  2944 points

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Kindly send a letter to your AO , disclaiming this income and stating therein that no income accrues or arises to you from the above deductor ,and  mentioning therein the A.Y for which such credit was given. I hope you did not utilized this credit either. 


Rashi Bajaj (CA)     23 August 2015

Rashi Bajaj
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Do not utilize such tds credit from unknown parties. The only reason it is showing in your account is that the deductor has put wrong PAN in return. In case of income tax query you could prove from bank entries that no such income is recd. Further, as said by Z above, you may voluntarily alert the tax office.

CA SACHIN (practice)     23 August 2015

 5 likes  115 points

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I agree with rashi regarding non utilization of credit


Udgam Koomar (Tax Technologist)     23 August 2015

Udgam Koomar
Tax Technologist 
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Yes do not use and for your records give in written to Ao for your safety and future action.

Kiran. S (CTO)     23 August 2015

Kiran. S
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You observed the Tax credits today. So you must not have taken credits in previous years.

The TDS return filed by the deducter has been mapped to wrong PAN.

You should not claim Tax credits at any cost.

Write a letter to your AO. with your 26AS statements where tax credits and payments occur.

You should give a copy to TDS AO also and CIT of your range. If you personally go take an acknowledgement. If you send by post send it by Registered AD letter.



manoj (student)     23 August 2015

 407 likes  5159 points

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Write a letter to the AO . Put full information in the letter regarding wrong TDS Plus attach Previous year returns copy mentioned that you have not claimed any TDS For that amount 


Saubhagya (partner)     24 August 2015

 22 points

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Dear Sunando Greeting in your case the company wrongly put your pan as I think that you don't had received any income in your bank. It is astonished it is not in only the previous year but also earlier year which you had already filed your return as I guess... Step- you should voluntarily write a letter to your AO(WARD) and also write a letter to tds cpcand also the company... And don't clam the same tax credit... For your wellness Happy learning Thank you CA Saubhagya 9658339601

raghavan (self)     24 August 2015

 49 likes  611 points

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Dear sunanda......pls recall if u have any dealing with Delhi Assam roadways I.e. previous name before writing to the IT dept. Check also your circle who may have dealing with this concern.... All the best....raghavan

sunando ghosh (consultant)     24 August 2015

sunando ghosh
 37 points

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Thank you all for your kind guidance and reply. Its very relieving.

Any sample letter / draft which i could use to deraft my letter to AO?


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