Favorite Tds Not Showing In 26as
Once TDS is available in Form 26AS your work is done.
Tds not showing in 26as. The information about the TDS details for Q1 and Q2 of FY21 is not been shown inside the Form 26AS said the employed assessee even the similar is deducted through the employer. My cousin has raised this matter with the clients accounts department and the accounts department checked on the 24th of March emailed him that they had entered some PAN detail wrongly mentioned it has been corrected and will be reflected in form 26AS in 4 to 6 days. A blog on Income Tax VAT Service Tax Audit Accounting Company Law NGO Law Finance.
This is owing to the extension of deadline required to file TDS report by employers. It usually means TDS is deducted on your income but the deductor has not deposited it with the government. Had the entries are in the Form 26AS the CPC would have issued the refund.
Form 26AS is the final take. Because while payment of TDS no details required to be submitted ie to which parties that TDS belongs to. Thus in case of non-reflection of TDS credit in Form 26AS the payee has to contact the payer for ascertaining the correct reasons for non-reflection of the TDS credit in Form 26AS.
You need not to send any document of TDS certificate. The TDS is still not shown on 26AS. 19 August 2011 Merely deducting the TDS and depositing will not update Form 26AS of deductees.
In this case You can also ask them to deposit the TDS deducted by filing a TDS return. AO should also consider the fact that there are technical or procedural issues due to which credit might not be appearing in Form 26AS but if deductor has issued Form 16A to the assessee the claim should be allowed. Thus once assessee claims TDS supported by Form 16A the credit should be allowed to the assessee.
We are getting queries from some of the salaried clients about the TDS not showing in their Form 26AS for the Q1 and Q2 of FY21 while their employer has deducted the TDS. Again they are not issuing the refunds as TDS from certain deductees are not found place in the Form 26AS. Go to statement payment tab.