Intimation u/s 143(1) for tds mismatch

Notices & Assessments 2176 views 7 replies

Vikrant

88 Points Posted on 14 October 2018

Hi,

I have received Intimation U/S 143(1) for TDS mismatch. My 26AS and the section 18B on TDS tab in ITR2 is not matching, actually my company name changed from xxxx services pvt ltd to xxxx solutions pvt ltd. in mid year. In form 16 which company provided there were 2 entries but unfortunately when I filed my returns I clubbed those 2 entries and entered the values under single TAN xxxx services pvt ltd. For this mismatch I have received the 143(1). This is the 2nd time I have received 143(1), my bad when I received 1st 143(1) I still didnt realised these 2 company TAN entries and resubmitted and again I have received the 143(1).

So my query here is on the Income tax website under e-File->Rectification which Request type should I select?

Option1: "Tax credit mismatch correction only" and update the missing entry for the 2nd TDS row or

Option 2: "Return data Correction (XML)"

If I select Option 1 there is a pop-up which says "It is adviced to file in "return data correction (XML) " if there are any additional or fresh TDS/TCS cliams are to be made when compared to your last return processed in CPC".

Also what option should I select for Response to OutStanding Tax Demand section?

Disagree with demand and in Others just provide that the TDS were not matching? or any other option to be selected?

Any help would be appreciated.

Replies (7)

ajeet singh

1392 Points Posted on 14 October 2018

in itr tds entries should be same as tds entires shown in your 26As

Vikrant

88 Points Posted on 14 October 2018

Thanks Ajeet for your reply. I agree that both should match but my query was what are the next steps for me as stated in my original query

ajeet singh

1392 Points Posted on 14 October 2018

u have to show two entries separately which u have clubbed for that u have to opt for return data correction X M L

Vikrant

88 Points Posted on 15 October 2018

Thanks @ ajeet singh.

What option should I select for Response to OutStanding Tax Demand section?

Should I select "Disagree with demand" and in reason select "Others" and provide justification that the TDS were not matching? or

"Rectification/Revised Return filed at CPC"?

Amish Maknojia

Student

507 Points Posted on 17 October 2018

you can file a rectification and then in response section u disagree with the demand and mention rectification filed

Vikrant

88 Points Posted on 21 October 2018

Thanks @ Amish Makhnojia for your response.

Below are the steps which I have completed:

1) e-File->Rectification Request Type -> Return Data correction (XML) Rectification Reason-> Others. Uploaded the new X M L file after making corrections in the TDS section of the ITR by entering 2 separate rows for the TAN.

2) Response to Outstanding Tax Demand-> Disagree with Demand Reason-> Rectification/Revised return filed at CPC Filing type-> Rectified. In Remarks section mentioned "Missing TDS entry in earlier ITR has been corrected now and new X M L file is uploaded making the correct TDS entries and rectification is filed."

Hope this time ITR gets processed successfully.

Does anyone have any clue approx how many days/weeks it takes to get the rectification status updated?