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TDS Showed in 26as but in 143 1 not considered

Riya Jain (articleship) (105 Points)

15 February 2022

is it Tax Credit Mismatch or Rectification ?

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Riya Jain (articleship) (105 Points)
Replied 15 February 2022

Efilling for Retired PSU Employee where no tax on income but TDS Deducted around 10000 on Senior Citizen saving Scheme but in 143 1 they consider 0 refund

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Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 15 February 2022

Check whether Tds schedules are entered properly..Go for revised return

Riya Jain (articleship) (105 Points)
Replied 16 February 2022

Originally posted by : Eswar Reddy S
	Check whether Tds schedules are entered properly..Go for revised return

I do not think its a revised case

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 16 February 2022

If you have not entered tds details in original ITR then there can be a chance of demand and which should be nullified through revised return.

If challan details entered wrong then you may go for rectification

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Riya Jain (articleship) (105 Points)
Replied 03 March 2022

Originally posted by : Eswar Reddy S
	If you have not entered tds details in original ITR then there can be a chance of demand and which should be nullified through revised return.If challan details entered wrong then you may go for rectification

i have filled tds detail in original itr

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Devanathan M (Retired) (53 Points)
Replied 05 March 2022

There appears to be a fault in the processing software, Instead of looking into 26AS for FY20 AY 21-22 it looks into 26AS for FY 19. I received a demand for Rs.72000/ citing that 26AS for FY19 does not show this TDS. A rectification request repeated the same demand.. I have denied .this demand and had stated form 26AS for FY 2020-21 AY 2021-22 clearly shows that TDS by two banks u/s194A is Rs. 72000 and tax credit claimed is correct as such. and they should manually verify form 26AS for FY20 AY 2021-22 and withdraw this demand...

In your case also the samething seems to have happened. The processing software looked into FY19 26AS and does not find that Rs, 10000/- and hence no refund. You can file a grievance stating 26AS for AY21-22 clearly states the Tax deducted for AY 20-21 is Rs.10000 or whaever and shoulc be refunded as claimed. Just make sure that 26AS for FY 2020-21 AY2021-22 shows that TDS amount and you have claimed refund correctly in your ITR...