What are the possible reasons for mismatch/missing credits in Parts A/B of my Form 26AS and what action can be taken to rectify?

The possible reasons and actions to be taken for mismatch/missing credit being displayed in your Form 26AS can be:

Reasons for mismatch/missing entry in Part A/B

Action to be taken by the assessee

In case the deductor/collector

 

a) Has not filled quarterly TDS/TCS return. Follow up with deductor/collector to file TDS/TCS return
b) Has not mentioned or has wrongly quoted your PAN in TDS/TCS return. Follow up with deductor/collector to file TDS/TCS correction return
c) Has wrongly quoted the challan details in the return against which your TDS/TCS was deposited Follow up with deductor/collector to file TDS/TCS correction return
d) Has provided correct challan details in TDS/TCS return but bank has made error while digitising challan details Inform deductor/collector to contact bank for rectification

In case you

 

a) Have provided incorrect PAN to the deductor/collector Provide correct PAN to deductor/collector & ask him to file correction return with correct PAN
b) Have not provided PAN to the deductor/collector Provide PAN to deductor/collector & ask him to file correction return with PAN
The TDS/TCS return filed by the deductor/collector is rejected in the system Contact your deductor/collector

Date of payment displayed in Form 26AS is different than date mentioned in TDS certificate issued by my deductor/collector. How can I correct it?

You should contact your deductor/collector to file revised TDS/TCS return with correct date.

I have given incorrect PAN to my deductor. What will be the effect in Form 26AS?

In such cases, the tax payment details will not be posted in Form 26AS. Therefore, it is important for you to correctly state your PAN in your tax payment challans.

How can any deductor verify the status of the TDS/TCS returns furnished by him?

The deductor can use the Quarterly Statement Status facility available at TIN website to verify both upload and booking status of the TDS/TCS return uploaded by it.

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Category : Income Tax (27247)
Type : Articles (16742) Featured (4096)
Tags : Form 26AS (59)

0 responses to “Reasons for mismatch/missing credits in Parts A/B of Form 26AS and remedy (TDS/TCS)”

  1. Rajas says:

    I paid advance tax by cheque on 15th December 2011 with a nationalized bank. However, In form 26AS bank has shown this advance tax as paid on 16th December . The reasoning given by them is since the cheque was cleared on 16th December that date is taken as date of payment. What is the remedy for correcting this advance tax payment date?

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