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Vide notification dated 28th May 2020, CBDT amended Form 26AS. The amended Form 26AS is an ‘Annual Information Statement’. It will brief up the complete profile of the taxpayer for a particular Financial Year. The present article explains the AIS information category – salary.

AIS information category – Salary-

Information under the ‘Salary’ category will be reflected in AIS on the basis of the following two sources-

1. Annexure II of  TDS Statement in Form 24Q-

Annexure II comprises details like a total breakup of the salary; income from other sources; house property; deductions to be claimed by the employee and total tax liability of the employee.

Notably, Annexure II of the TDS statement is to be filed in the last quarter.

2. TDS Quarterly statement in Form 24Q-

TDS quarterly statements comprise details of the amount paid to the employee and TDS deducted from the employee.

On the basis of the above two sources, the AIS will process in the following manner-

Situation AIS process
Salary reflected in Annexure II of the TDS Statement is equal to or more than the sum of salary payment reflected in the TDS Quarterly statement All the amount of salary payment in quarterly TDS statement will be marked as-

‘Information is duplicate/ included in other information’

Salary reflected in Annexure II of the TDS Statement is less than the sum of salary payment reflected in the TDS Quarterly statement Salary reflected in Annexure II of TDS statement will be marked as-

‘Information is duplicate/ included in other information’

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