Register for Form 26AS [PAN Login]

[Indian Tax]

As per new ITR forms/rules and clarification from deptt. all return
will be annexure less . Even Form -16,16a,self assessment challans
etc(tds /tcs certificates ) are not required to be attached.So basic
question in every body's mind arises that how will deptt will give due
credit for taxes deposited/deducted?

The answer as you may be aware of is ETDS returns(form 24q,26q,
27eqetc) given by the deductor .So either the income tax authority
will check and reconcile tds claimed by assessee from etds return
filed by deductor or will issue the notices to assessee.So in changed
circumstances one should keep the following points in mind :-

1. Get the tds certificate from the deductor and keep it safe as
income tax authority may call you to furnish the same in future.

2. Ensure that on form 16(or all tds certificates) TAN of deductor
and your PAN is filled correctly.You can verify correctness of TAN
from income tax web site on link given below.
http://incometaxindiaefiling.gov.in/challan/enterpanforchallan.jsp
Fill the tan and submit, name will be shown of the tan holder,if it
matches with the deductors' name then it will be ok

3. Ensure that on tds /tcs certificate detail of tax deposited has
been given or annexure has been attached for the same.It is compulsory
to give challan wise detail of tax deposited on tds form showing bank
bsr code. You can also verify it from the following link.after
clicking below link click on tan based view and then fill tan and
select period and submit. https://tin.tin.nsdl.com/oltas/index.html
The tax deposited against a particular tan can be verified, even
assessee is not required to file etds return, as all the details are
updated by the bank where tax has been deposited by the deductor.

4. Ensure that your correct pan has been given by the deductor
while uploading the ETDS Return.but you have no access what he have
filed or whether he have have filed at all?whether your pan no is
given correctly or filled with "pannotavbl",paninvalid, pannotalot. As
you may be aware of that deptt is accepting etds returns without pan
of the deductees. To ensure yourself about submission of correct pan
by the deductor in ETDS return ,deptt has provided pan login or one
can say registration for form 26as.

you can register yourself through tin-fc with a nominal fees of rs-17
one time.After registration you can check detail of tax deducted/tax
collected by various deductors and match them with your record.If it
does not match, contact the respective deductor and ask him to file
revise/correct the return.you can check the details of tax deducted /
collected from 1.4.2005 onwards.so REGISTER NOW!

for frequently asked question please click below link

http://www.tin-nsdl.com/faqform26as.asp

-ITP

[achlesh soni]

Hi All,

Can anybody pls inform me that what is the last date of filling the return form for salary based ( employee) individual and what is the number of form?

Thanks in advance.... 

[Vijay Chitte]

Dear Achlesh Soni,

Last date of filling return in case of salary person / Individual is
31st July 2007 in SARAL - 2D FORM.

Regards
Vijay Chitte
(M) 99130 10954

[Sharat Trehan]

Where the TDS has been lodged with the bank before the due date of deposit of TDS but the cheque has been realised only after the said due date, what date of payment should be the taken for the purposes of issuing the TDS certificates and furnishing of TDS returns?

 

Regards

 

Sharat

[Sharat Trehan]

Dear Mr. Chitte,

Saral 2-D or for that matter all old forms have ceased to exist effective
May 14, 2007.

All returns need to be filed in forms ITR-1 through ITR-8, depening on the
assessee's legal status and the sources of income.

Sharat

[Arun]

The Date on the Challan Given by the bank is to be mentione on the TDS certificates and TDS returns.

[Arun]

In your case the last dated is 31st July 2007. Use ITR-1 Form.

[sanjay kapoor]

we have to take the date of tender or lodgement of
challan at bank whether it is TDS/Advance Tax or any
other Tax FBT etc. as the date of deposit. Date of
realisation of cheque is irrelevant for the purposes

of issuing the TDS certificates and furnishing of

TDS returns or even calculating Interest or Penalties.

Regards
CA Sanjay Kapoor

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[Sharat Trehan]

Arun,

 

The bank has been stamping two dates - (a) the date on which the challan has been lodged with it and, (b) the date on which the cheque proceeds have been realised. So which date is to be taken?

 

Sharat