Hello experts, i worked with a private airline from jul12-dec16.and i have regularly filled my taxes. For FY16-17 there is a discrepancy of Rs 1,95,505 bet ween form 16A (on basis of which my 26AS is reflecting) and 16B. So essentially my 26AS and 16A (issued by employer) shows gross income as Rs. 1266662 whereas 16B shows the actual gross salary credited which is Rs. 1071157. The difference being Rs. 1266662 – 1071157 = Rs. 195505, this mismatch arises due to the system generated salary slip for month of July 2016 where I was on Leave without pay for the said duration he was shown an earning of Rs. 195505 along with a deduction of Rs. 195505 making the net payment for month of July2016 as 0. a TDS of Rs. 180508 has been deducted from my salary and deposited by the company.Actual calulated tax on Rs. 1071157 is lesser making me eligible for refund. I requested my company to file rectified return to which they deny, i then requested them to sign a acknowledgement stating the above facts as it would be useful if an IT enquiry where to arise as i would be required to pay more tax if my salary is incorrectly reflected as 1266662 in 26AS. They are even denying acknowledging the letter saying i face the enquiry myself. So can i file a complaint somewhere as both 16A and 16B are signed by same person but they are denying acknowledging the same. Please guide me how i should file return and which appellate to seek help.
Hi,
We need to see the documents to answer the questions. Because, form 16B is not for salary. Its for sale of property.
If your employer has shown high salary which you have not received in your bank account then you don't need to report it in your ITR.
Hiii
in case of Salary your employer provide you Form 16 which contained details of your income, which is also reflects in your FORM 26AS,
in your case you can file Your ITR with correct figures and got refund , generally department not raise any issue in such type of cases , further if you got any notice than you can submit your salary slips and banking as evidences of the same.
thus feel free to file your ITR without tension.
Hi,
I think there is some miscommunication. While Form 16A is issued by your employer, Form 16B relates to sale of immovable property, which is clearly not applicable to you!
Further, your taxable salary will be what you have received / accrued to you. In your return of income, you can show a lower amount of salary, than the amount mentioned as income in your 26AS. However, the mismatch may lead in an issue of intimation by CPC and in all likelihood, you may have to sort it out with the Assessing Officer. In that case, the burden will be on you to prove how your salary income is lower, and you will have to provide as much as proof as possible, including any communication / complaint filed, etc.
Regards,
Keerthiga Padmanabhan
M.Com., CA, LLB
Hello SIr,
The best option is to get your Returns revised. In case that does not happen you can visit your Income Tax Officer (ITO) and give a written communication as to the error that has taken place in your case.
I cannot guarantee you if the ITO will take adequate steps in your matter.
Trust this clarifies your query.
Feel free to call / get back in case of further clarifications.
Thanking You.
Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP
Hi,
I guess you are referring to Form 16 - Part A & Part B.
Part-A is generated from TDS-CPC Website. It is for determining TDS Credit from that particular employer. While Form 26AS shows all Tax Credits for your PAN. Part-B of Form 16 is what contains your taxable Salary details.
So, just take the Tax Credits from Part-A and enter Salary particulars from Part-B and file the IT Returns
