• Faulty form 26as

Hi
My form 26as shows three entries of Rs. 9455/- each and tax of Rs. 1891 /- each in my form . These entries does not belong to me . We used to have an employee who has the same name as mine. In my form 16 this tax and this amount of Rs. 9455/-  not showing as these are not mine.
Should i  submit my ITR without adding this income and how should i get corrected my form 26as .
regards
Asked 6 years ago in Income Tax

There has been a mistake in filing of TDS return by your company. Communicate the same to your company so that they can revise the relevant TDS returns.

You may file the income tax return without taking into account this income. With revision of TDS returns by your company, your 26AS will automatically be corrected.

Lakshita Bhandari
CA, Mumbai
5687 Answers
910 Consultations

5.0 on 5.0

Hi

Yes file you ITR without considering these entries and inform your employer regarding this mis match , he can revise his TDS return and after that you Form 26AS automatically shown right figures

Lalit Bansal
CA, Delhi
773 Answers
61 Consultations

5.0 on 5.0

Yes, you should sumbit your return without including these entries and ask your employer to revise TDS return.

However, be prepared for being questioned by income tax department about these entries.

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

Hi,

Even if you submit your ITR without these incorrect entries, the Department would include them. Then, you will have to prove it to the Department that those entries do not belong to you as you have not received any such sum in your bank account.

It is advisable that you ask your employer to rectify his TDS return, and automatically, your Form 26AS will get rectified.

Regards,

Keerthiga Padmanabhan

M.Com., CA, LL.B

Keerthiga Padmanabhan
CA, Greater Mumbai
784 Answers
27 Consultations

5.0 on 5.0

Hello Sir,

Avoid filing your returns unless the 26AS is revised by your company otherwise you will receive a notice from the department if there is a difference in your 26AS and the returns.

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

Rohit R Sharma
CA, Mumbai
2104 Answers
95 Consultations

5.0 on 5.0

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