Mismatch of tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2012 IN WE HAVE RECEIVED TDS CERTI FORM 16-A FROM DEDUCTER THROUGH NSDL IN WHICH CERTI. SHOWS ME TOTAL RS. 125000/- TOTAL TDS DEDUCTION BUT OUTOF WHICH RS 20000/- SHOWS ME AS A MISMATCH STATUS IN FORM 16 A

WE HAVE SO CHECKED STATEMENT 26AS FOR TDS CREDIT IN WHICH IT ALSO SHOW ME RS 125000/-TDS DEDUCTION BUT AS SAME AS FORM 16-A RS 20000/- ALSO SHOWS ME AS A MISMATCH STATUS

NOW MY QUESTION IS THAT RS 20000/- SHOWS ME AS MISMATCH IN BOTH 26AS AND IN FORM 16A SO CAN I CLAIM THIS TDS CREDIT FOR RS 20000/-,
IF I CLAIM IT INCOME TAX DEPT WILL ALLOW IT YES OR NOT ?
BECUASE AS PER INSTRUCTION 04 IN MAY-2012 IT DEPT. WILL ALLOW ONLY RS 5000/- CREDIT WITHOUT VERIFICATION MY AMOUNT IS MORE THAN RS 5000/- WHAT SHOULD I DO TO CLAIM FURTHER RS 15000/- DEDUCTION.

DEDUCTOR HAS ALSO DEPOSITED THE SAME AND ALSO FILE THE TDS RETURN. PLEASE GIVE ME ADVICE ON THE SAME IN DETAIL

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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08 July 2012 1.You cannot claim the TDS Rs.20000/- which is mismatch in Form 16A & Form 26AS. Option is request your deductor to correct TDS return and match the Rs.20000/- also

2. Instruction by Department about the TDS Rs.5000 is related to previous Assessment year. Also that is if the Total TDS amount is Rs.5000 or below only

So ask your deductor to correct the TDS return

CA Prashant Gupta

CA Prashant Gupta (Expert)
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08 July 2012 you can go to tin-nsdl.com and TAN login. by which you got 16A. Now see the menu fifth option is "defaults". go in this and by this you can check what was the reason of mismatch.
Now you can ask the deductor to rectify the retun. Because without revise return you can't claim TDS of 20000.

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