INCOME TAX DEMAND ISSUE – TAX CREDIT MISMATCH

POSTED BY aftabtanwar ON December 1, 2013 10:57 pm ONE COMMENT

DEAR SIR

I AM SALARIED EMPLOYEE AND FILED AN ONLINE RETURN  FROM FORM 16 GIVEN BY THE EMPLOYER

HOWEVER I RECEIVED AN NOTICE BY CPC  SEEKING DEMAND AS THERE WAS A TDS MISMATCH

HOWEVER WHEN I CHECKED MY FORM 26 AS THERE WAS NO MISMATCH OF TDS

NOW IN THE NOTICE WHICH I RECEIVE SAYS:-

THE ASSESSEE HAS SUBMITTED AN E-FILED RECTIFICATION REQUEST, TICKING THE CATEGORY – \’TAX CREDIT MISMATCH\’ BOX, UNDER THE CATEGORY – \’TAX PAYER IS

CORRECTING DATA FOR TAX CREDIT MISMATCH ONLY\’. AS SEEN FROM THE E-FILED RETURN OF INCOME, FILED BY THE ASSESSEE, THERE IS A VARIANCE IN THE TAX CREDITS

CLAIMED & ALLOWED. THIS VARIANCE IS DUE TO THE NON-AVAILABILITY IN THE ASSESSEE\’S ACCOUNT, AS PER FORM.26AS OR INCORRECT ENTRY OF THE AVAILABLE TAX

CREDITS, IN SCH.TDS/TCS/IT/DDT/FBT. HENCE, THE ASSESSEE\’S REQUEST FOR RECTIFICATION, UNDER THIS TYPE, CANNOT BE ACCEPTED. THE ASSESSEE IS REQUIRED TO

VIEW THE TAX CREDITS AVAILABLE, IN FORM 26AS, IN THE \’MY ACCOUNT\’ TAB, AFTER LOGGING IN TO THE WEBSITE http://www.incometaxindiaefiling.gov.in AND ENTER THE EXACT

DETAILS, IN THE RESPECTIVE SCHEDULES, BY OPENING THE \’MY ACCOUNT\’ TAB THEREIN AND SELECTING \’TAX PAYER IS CORRECTING DATA FOR TAX CREDIT MISMATCH

ONLY\’, UNDER THE RECTIFICATION REQUEST TYPE. THE ASSESSEE IS THEN REQUIRED TO GENERATE & UPLOAD THE RECTIFICATION XML. IF THE TAX PAYMENTS CLAIMED,

ARE NOT AVAILABLE IN ASSESSEE\’S ACCOUNT, AS PER FORM 26AS, THE ASSESSEE HAS TO GET THE SAME CORRECTED BY THE BANK/DEDUCTOR AND ALSO GET THE

CORRECTED DATA UPLOADED TO OLTAS/NSDL DATABASE. THE ASSESSEE IS THEN REQUIRED TO FILE AN ONLINE RECTIFICATION REQUEST, BY OPENING THE SAME \’MY

ACCOUNT\’ TAB THEREIN AND TICKING THE CATEGORY – \’TAX CREDIT MISMATCH\’ BOX, UNDER THE REQUEST TYPE – \’NO FURTHER DATA CORRECTION REQUIRED,

REPROCESS THE CASE\’.

AS I HAD ALREADY FILED FOR RECTIFICATION AS GUIDED BY MY EMPLOYER HOWEVER THE RECTIFICATION HAS BEEN REJECTED

PLEASE GUIDE WHOM SHOULD I APPROACH AND WHAT SHOULD I DO (FORM 26 AS IS  SHOWING THE CORECT TDS)

PLEASE HELP

One reply on this article “INCOME TAX DEMAND ISSUE – TAX CREDIT MISMATCH”

  1. ashalanshu says:

    Dear Aftab, please contact your local Assessing Officer where you were filing offline earlier.

    Thanks

    Ashal

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