Whether Tax paid by employer for employee be reflected in 26AS.
If not how to deal with tax paid by employer Other than TDS from salary in ITR.
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 20 July 2016
Tax paid by whomsoever will be reflected in 26AS as per PAN.
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 20 July 2016
it has to be reflected in 26as else follow up it get it updated
Jyothis
(Article)
(1127 Points)
Replied 20 July 2016
As informed by SBI being the deductor,
Tax is paid by the Bank and it is deposited in Bulk on behalf of all employees without crediting to individual employees.
Again amount shown as paid or credited in 26AS is less than Income chargeable u/h salary or Total income.
Can i now proceed with a salary income other than that stated in Form 16 as Tax paid by employer is not reflected in 26AS, perquisite income cannot be shown in ITR so as to adjust taxpayable with tds deducted from salary.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 21 July 2016
As time period is short to file return, File as per details reflecting in 26AS. In case of any difference afterward, it can be revised.
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