26 July 2018
Hello, In year 2017-2018, I worked for a company for around 45 days (June-July) but left without taking any salary (they delay salaries). I did not serve notice period and in return asked to not credit any salary. The account also shows no credit. However, form 26AS shows some entries on their behalf which are like follows : Txn Dt Status Dt o/Booking Remarks Amt Credited Tax Deducted TDS Deposited 20-Jul-2017 O 02-Dec-2017 70463.00 934.00 934.00 20-Jul-2017 F 02-Dec-2017 0.00 0.00 0.00 20-Jul-2017 O 02-Dec-2017 B -70463.00 -934.00 -934.00 20-Jul-2017 F 12-Jun-2018 70463.00 934.00 934.00 Plz make me understand what does O & F mean corresponding to 70k? What does the B remark mean? Should I include it in ITR inspite of the fact that I have gotten no such money. Why the amounts are in + & -?
26 July 2018
O/F/B are legends description of which are given in form 26AS itself (below part G). + mark is for tax deduction and - mark for its reversal.