Income tax refund
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 August 2015
whether it is necessary to show TDS and advance tax to get refund in 26 AS.
13 August 2015
Are yo talking about Income tax refund or TDS refund due to excess deduction and remittance of TDS.
31 July 2024
Yes, it is essential to ensure that the Tax Deducted at Source (TDS) and advance tax payments are reflected in Form 26AS to get a refund. Here’s why:
1. **Validation of Claims**: The Income Tax Department cross-verifies the TDS and advance tax claims made in your Income Tax Return (ITR) against the entries in Form 26AS. If the TDS or advance tax is not reflected in Form 26AS, the department may not consider those payments, leading to discrepancies and delays in processing the refund.
2. **Seamless Processing**: When the TDS and advance tax payments are correctly reflected in Form 26AS, it ensures that your tax return is processed smoothly, and the refund is issued promptly.
### Steps to Ensure TDS and Advance Tax are Reflected in Form 26AS:
1. **Verify Form 26AS**:
- Download Form 26AS from the Income Tax Department's website or through your net banking account.
- Verify that all TDS and advance tax payments are correctly reflected.
2. **Correct Any Discrepancies**:
- If any TDS is not reflected, contact the deductor (employer, bank, etc.) to ensure they have filed their TDS returns correctly and provided the correct PAN.
- For advance tax payments, ensure that the challan details (challan number, BSR code, date, and amount) are correctly entered while making the payment.
3. **File Revised Return**:
- If there are discrepancies that get corrected after you have filed your ITR, you may need to file a revised return to ensure that the correct TDS and advance tax amounts are claimed.
4. **Rectification Request**:
- If the mismatch persists even after ensuring the correct entries, you can file a rectification request under Section 154 on the Income Tax e-filing portal.
### Sample Application for Rectification (if needed):
---
**[Your Name]**
[Your Address]
[City, State, Pin Code]
[Email Address]
[Phone Number]
**Date: [Date]**
**To,**
The Jurisdictional Assessing Officer,
Income Tax Department,
[Address of AO’s Office]
**Subject: Rectification Request for AY [Year] for Discrepancies in TDS/Advance Tax**
**Respected Sir/Madam,**
I, [Your Name], PAN: [Your PAN Number], have filed my Income Tax Return for the Assessment Year [Year] on [Filing Date]. However, I have noticed discrepancies in the TDS and advance tax payments as reflected in my Form 26AS and the details provided in my ITR.
The details of the discrepancies are as follows:
- TDS deducted by [Deductor's Name] amounting to Rs. [Amount] is not reflected in Form 26AS.
- Advance tax payment of Rs. [Amount] made on [Date] is not reflected in Form 26AS.
I have attached copies of the relevant documents, including Form 16/16A, TDS certificates, and advance tax challans, for your reference.
In light of the above, I kindly request you to rectify these discrepancies and process my refund for AY [Year] at the earliest.
Thanking you.
Yours faithfully,
[Your Name]
[Your PAN Number]
### Attachments:
1. Copy of Form 26AS
2. Copy of Form 16/16A (for TDS)
3. Copies of advance tax challans
4. Copy of ITR filed
---
By ensuring that your TDS and advance tax payments are correctly reflected in Form 26AS, you can avoid delays and issues with your income tax refund.
1. **Validation of Claims**: The Income Tax Department cross-verifies the TDS and advance tax claims made in your Income Tax Return (ITR) against the entries in Form 26AS. If the TDS or advance tax is not reflected in Form 26AS, the department may not consider those payments, leading to discrepancies and delays in processing the refund.
2. **Seamless Processing**: When the TDS and advance tax payments are correctly reflected in Form 26AS, it ensures that your tax return is processed smoothly, and the refund is issued promptly.
### Steps to Ensure TDS and Advance Tax are Reflected in Form 26AS:
1. **Verify Form 26AS**:
- Download Form 26AS from the Income Tax Department's website or through your net banking account.
- Verify that all TDS and advance tax payments are correctly reflected.
2. **Correct Any Discrepancies**:
- If any TDS is not reflected, contact the deductor (employer, bank, etc.) to ensure they have filed their TDS returns correctly and provided the correct PAN.
- For advance tax payments, ensure that the challan details (challan number, BSR code, date, and amount) are correctly entered while making the payment.
3. **File Revised Return**:
- If there are discrepancies that get corrected after you have filed your ITR, you may need to file a revised return to ensure that the correct TDS and advance tax amounts are claimed.
4. **Rectification Request**:
- If the mismatch persists even after ensuring the correct entries, you can file a rectification request under Section 154 on the Income Tax e-filing portal.
### Sample Application for Rectification (if needed):
---
**[Your Name]**
[Your Address]
[City, State, Pin Code]
[Email Address]
[Phone Number]
**Date: [Date]**
**To,**
The Jurisdictional Assessing Officer,
Income Tax Department,
[Address of AO’s Office]
**Subject: Rectification Request for AY [Year] for Discrepancies in TDS/Advance Tax**
**Respected Sir/Madam,**
I, [Your Name], PAN: [Your PAN Number], have filed my Income Tax Return for the Assessment Year [Year] on [Filing Date]. However, I have noticed discrepancies in the TDS and advance tax payments as reflected in my Form 26AS and the details provided in my ITR.
The details of the discrepancies are as follows:
- TDS deducted by [Deductor's Name] amounting to Rs. [Amount] is not reflected in Form 26AS.
- Advance tax payment of Rs. [Amount] made on [Date] is not reflected in Form 26AS.
I have attached copies of the relevant documents, including Form 16/16A, TDS certificates, and advance tax challans, for your reference.
In light of the above, I kindly request you to rectify these discrepancies and process my refund for AY [Year] at the earliest.
Thanking you.
Yours faithfully,
[Your Name]
[Your PAN Number]
### Attachments:
1. Copy of Form 26AS
2. Copy of Form 16/16A (for TDS)
3. Copies of advance tax challans
4. Copy of ITR filed
---
By ensuring that your TDS and advance tax payments are correctly reflected in Form 26AS, you can avoid delays and issues with your income tax refund.
31 July 2024
Yes, it is essential to ensure that the Tax Deducted at Source (TDS) and advance tax payments are reflected in Form 26AS to get a refund. Here’s why:
1. **Validation of Claims**: The Income Tax Department cross-verifies the TDS and advance tax claims made in your Income Tax Return (ITR) against the entries in Form 26AS. If the TDS or advance tax is not reflected in Form 26AS, the department may not consider those payments, leading to discrepancies and delays in processing the refund.
2. **Seamless Processing**: When the TDS and advance tax payments are correctly reflected in Form 26AS, it ensures that your tax return is processed smoothly, and the refund is issued promptly.
### Steps to Ensure TDS and Advance Tax are Reflected in Form 26AS:
1. **Verify Form 26AS**:
- Download Form 26AS from the Income Tax Department's website or through your net banking account.
- Verify that all TDS and advance tax payments are correctly reflected.
2. **Correct Any Discrepancies**:
- If any TDS is not reflected, contact the deductor (employer, bank, etc.) to ensure they have filed their TDS returns correctly and provided the correct PAN.
- For advance tax payments, ensure that the challan details (challan number, BSR code, date, and amount) are correctly entered while making the payment.
3. **File Revised Return**:
- If there are discrepancies that get corrected after you have filed your ITR, you may need to file a revised return to ensure that the correct TDS and advance tax amounts are claimed.
4. **Rectification Request**:
- If the mismatch persists even after ensuring the correct entries, you can file a rectification request under Section 154 on the Income Tax e-filing portal.
### Sample Application for Rectification (if needed):
---
**[Your Name]**
[Your Address]
[City, State, Pin Code]
[Email Address]
[Phone Number]
**Date: [Date]**
**To,**
The Jurisdictional Assessing Officer,
Income Tax Department,
[Address of AO’s Office]
**Subject: Rectification Request for AY [Year] for Discrepancies in TDS/Advance Tax**
**Respected Sir/Madam,**
I, [Your Name], PAN: [Your PAN Number], have filed my Income Tax Return for the Assessment Year [Year] on [Filing Date]. However, I have noticed discrepancies in the TDS and advance tax payments as reflected in my Form 26AS and the details provided in my ITR.
The details of the discrepancies are as follows:
- TDS deducted by [Deductor's Name] amounting to Rs. [Amount] is not reflected in Form 26AS.
- Advance tax payment of Rs. [Amount] made on [Date] is not reflected in Form 26AS.
I have attached copies of the relevant documents, including Form 16/16A, TDS certificates, and advance tax challans, for your reference.
In light of the above, I kindly request you to rectify these discrepancies and process my refund for AY [Year] at the earliest.
Thanking you.
Yours faithfully,
[Your Name]
[Your PAN Number]
### Attachments:
1. Copy of Form 26AS
2. Copy of Form 16/16A (for TDS)
3. Copies of advance tax challans
4. Copy of ITR filed
---
By ensuring that your TDS and advance tax payments are correctly reflected in Form 26AS, you can avoid delays and issues with your income tax refund.
1. **Validation of Claims**: The Income Tax Department cross-verifies the TDS and advance tax claims made in your Income Tax Return (ITR) against the entries in Form 26AS. If the TDS or advance tax is not reflected in Form 26AS, the department may not consider those payments, leading to discrepancies and delays in processing the refund.
2. **Seamless Processing**: When the TDS and advance tax payments are correctly reflected in Form 26AS, it ensures that your tax return is processed smoothly, and the refund is issued promptly.
### Steps to Ensure TDS and Advance Tax are Reflected in Form 26AS:
1. **Verify Form 26AS**:
- Download Form 26AS from the Income Tax Department's website or through your net banking account.
- Verify that all TDS and advance tax payments are correctly reflected.
2. **Correct Any Discrepancies**:
- If any TDS is not reflected, contact the deductor (employer, bank, etc.) to ensure they have filed their TDS returns correctly and provided the correct PAN.
- For advance tax payments, ensure that the challan details (challan number, BSR code, date, and amount) are correctly entered while making the payment.
3. **File Revised Return**:
- If there are discrepancies that get corrected after you have filed your ITR, you may need to file a revised return to ensure that the correct TDS and advance tax amounts are claimed.
4. **Rectification Request**:
- If the mismatch persists even after ensuring the correct entries, you can file a rectification request under Section 154 on the Income Tax e-filing portal.
### Sample Application for Rectification (if needed):
---
**[Your Name]**
[Your Address]
[City, State, Pin Code]
[Email Address]
[Phone Number]
**Date: [Date]**
**To,**
The Jurisdictional Assessing Officer,
Income Tax Department,
[Address of AO’s Office]
**Subject: Rectification Request for AY [Year] for Discrepancies in TDS/Advance Tax**
**Respected Sir/Madam,**
I, [Your Name], PAN: [Your PAN Number], have filed my Income Tax Return for the Assessment Year [Year] on [Filing Date]. However, I have noticed discrepancies in the TDS and advance tax payments as reflected in my Form 26AS and the details provided in my ITR.
The details of the discrepancies are as follows:
- TDS deducted by [Deductor's Name] amounting to Rs. [Amount] is not reflected in Form 26AS.
- Advance tax payment of Rs. [Amount] made on [Date] is not reflected in Form 26AS.
I have attached copies of the relevant documents, including Form 16/16A, TDS certificates, and advance tax challans, for your reference.
In light of the above, I kindly request you to rectify these discrepancies and process my refund for AY [Year] at the earliest.
Thanking you.
Yours faithfully,
[Your Name]
[Your PAN Number]
### Attachments:
1. Copy of Form 26AS
2. Copy of Form 16/16A (for TDS)
3. Copies of advance tax challans
4. Copy of ITR filed
---
By ensuring that your TDS and advance tax payments are correctly reflected in Form 26AS, you can avoid delays and issues with your income tax refund.
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