KJS (NA) (102 Points)
21 March 2012My rectification request and revised return for AY 2010-11 have been finally processed with a mis-match report that states that a TDS sum of Rs.1,08,000 odd has not been found although the quoted TAN NO. of the deductor is correct (Y under TAN Flag column). Well, guess what .... the sum claimed shows exactly with 'F' status in Form 26AS! (I had mentioned this in the rectification request as well)
Why this mis-match? What do I do?!
Sonam Bidasaria
(CA)
(770 Points)
Replied 21 March 2012
I think, you should again upload a re-rectification request.
KJS
(NA)
(102 Points)
Replied 21 March 2012
What is the time within which I can do so?
Is there a time after which the IT dept will put a stop and say .... "nothing doing, you pay up ...."
Also, should I write to the deducting company PF trust to look for discrepancies, if any? (even though 26AS mentions it alright)
Thanks.
Sonam Bidasaria
(CA)
(770 Points)
Replied 21 March 2012
As per the meaning assigned to the terms used in Form 26AS, "F" denotes Final.
It conveys that there is no mistake on the part of deductor and the assessee can take the credit.
Before that time comes, when income tax departmet will give its final order, definitely, an opportunity will be given to the assessees of being heard.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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