FORM 26AS VS FORM 16A

This query is : Open

P.Madhivadhanan (Querist)
Follow

24 July 2020 An assessee in whose Form 26AS Rs.1450000 credit as professional charges and related TDS Rs.14500. But which not belongs to him. Some others income & TDS credited in his a/c. How to rectify it. While filing return how to show it. The assessee wants not to include this income in his return of income. What are the consequences ?

CA Raj Doshi

CA Raj Doshi (Expert)
Follow

26 July 2020 Find the contact details of the Deductor who has reported in your name. and tell him to rectify. You should not claim the TDS and delete it from TDS schedule. Do not offer income also. Possibly wait till the form 26AS is rectified and only then file the ITR.