13 January 2012
as per 26AS salary is 500000, however as per form 16, salary is 474000, 26AS has shown salary inclusive of some tax free allowances. CPC has issued intimation u/s 143(1) and computed tax on the basis of salary of rs 500000. What should be done, should we file a rectification or submit a manual letter?
14 January 2012
Actually you have to tell your employer to rectify the TDS return, because the taxable salary is more as per 26AS. Then you can file the rectification application u/s 154