• Discrepancy between Form 16 & Form 26AS

Hello,

There is a discrepancy between my income as per Form 16 & Form 26AS. Section 2 & 4 of the Form 16 have not been considered in Form 26AS as a result of which Form 26AS income is Rs 20000 more than the actual taxable income.

I have received an email from IT asking me to respond to this inconsistency.

There is no need to file a revised return as the tax deducted as per Form 16 is correct.

Could you let me know -
1. How to get Form 26AS corrected?
2. How to respond to the email I received from IT?

Regards,
Sachin
Asked 3 years ago in Income Tax

Hi Sachin,

You can mention this fact while submitting your response. Attach your form 16 as well.

Please feel free to call/ revert in case you need more clarity.

Thanks and regards

Abhishek Dugar

CA CS B.Com

Abhishek Dugar
CA, Mumbai
3576 Answers
183 Consultations

4.8 on 5.0

The only way to rectify form 26AS is to get your employer to revise his TDS return. However, as I understand employers don’t tend to do that often.

You could explain the difference to the income tax department by first disagreeing with the demand on the portal and then explaining the difference.

Should you have any more questions, do let me know!

Sidhant Arora
CA, Delhi
10 Answers

5.0 on 5.0

Please share Form 16 and 26AS on my email I'd .com to analyze it. Might be it is due to exemption and deduction benefit not given in 26AS because in case of salaried class ITR we consider Form 16 as the basis of filling ITR in compliance with 26AS.

Please share it.

Vivek Kumar Arora
CA, Delhi
4222 Answers
399 Consultations

5.0 on 5.0

It happened in many cases where Form26AS income is more than Form 16 because many employers consider Gross salary and not taxable salary at the time of filing TDS return due to which difference arises.You should disagree with the demand and attach Form 16.

Still before replying, please share Form16,form 26AS and ITR filed on my I'd .com.

Vivek Kumar Arora
CA, Delhi
4222 Answers
399 Consultations

5.0 on 5.0

Hi,

Please disagree to the notice in the IT portal and explain the reason for the difference. You should also attach Form 16 as part of the response.

Regards,

Nikhil

Nikhil Khanna
CA, Mumbai
1428 Answers
19 Consultations

4.8 on 5.0

hii

submit your response under grievances option and upload copy of form 16

Lalit Bansal
CA, Delhi
747 Answers
54 Consultations

5.0 on 5.0

You will have to select disagree. Once you select it, you will have to mention certain facts in the next window. In that window, you can write this.

Please feel free to call/ revert in case you need more clarity.

Thanks and regards

Abhishek Dugar

CA CS B.Com

Abhishek Dugar
CA, Mumbai
3576 Answers
183 Consultations

4.8 on 5.0

You can not correct form 26AS..you have to submit a reply clarify your point with proper documents.

Reply can be submitted online.

Swati Agrawal
CA, Mumbai
1146 Answers
7 Consultations

5.0 on 5.0

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