Matching Fragments
2. The Income tax assessees filing Income Tax returns, on
receipt of intimations u/s 143(1), generally are required to
pay huge demands which are created because of
mismatch of TDS as claimed in the Income Tax return.
This is primarily because of the fact that department gives
credit of TDS which stands reflected in their online
computer records i.e Form No.26AS.
3. Whenever any Department/Govt Office/Bank deducts
TDS on behalf of the assessee he has to file quarterly
statement of TDS deducted, along with PAN of deductee
and other details. Even if there is slightest of mismatch
in reporting the particulars of deductee, the TDS deducted
by the Department will not reflect in the Form 26AS and
as such, no credit of TDS will be allowed to the assessee
resulting in unnecessary demands and hassles of getting
the rectifications done.
4. To get the rectification done, at first the assessee has to
request the concerned department to file a revised
statement with correct particulars of deductee and only
after revised statement is filed, the same will start
reflecting in the 26AS and thereafter, the rectification is
possible which is a very lengthy procedure. In many
cases the concerned department refuses to revise the
statement.
6. The Returns of the assesses who have expired are filed
by legal heirs and in case of refund the same is issued by
CPC in the name of dead person only. This causes great
harassment to get the same rectified online or through
assessing officer.
7. In case of ITR filed in ITR 4S by the assessee CPC is
not considering the taxes paid by the assesses even if they
are being reflected in Form 26AS. This is some technical
problem in their software.
TDS relating to salary Use appropriate
wrongly indicated in the Schedules in the Return
TDS Schedule for other to report TDS on
than salary or vice-versa. Salaries, and TDS on
Incomes other than
Salaries.
TDS/TCS aggregated Indicate the TDS/TCS
under one TAN Number amounts effected by
even though TDS/TCS each
effected by several Deductor/Collector
Deductors/Collectors. separately in the
Schedules provided in
the return of Income.
Advance Tax/Self- BSR code of the bank Ensure that BSR code
Assessment tax branch/challan serial of the bank
number/date of branch/challan serial
payment/amount paid number/date of
stated in return does not payment/amount paid
match with information in as stated in return
26AS. matches with
information available in
26AS.
Advance Tax/Self Use appropriate
Assessment Tax Payment Schedule in the Return
particulars filled up to report Advance
wrongly in the Schedules Tax/Self Assessment
meant for TDS/TCS for Tax Payment
vice versa Particulars.
Mistake in PAN, Furnish the correct
