TMI BlogWhat to do if discrepancies appear in actual TDS and TDS credit as per Form 26AS?X X X X Extracts X X X X X X X X Extracts X X X X ..... deductee, amount of tax deducted, amount paid to the deductee, date of payment of TDS to the credit of Government, etc. On the basis of the details of TDS provided by the deductor, the Income-tax Department will update Form 26AS of the deductee. Many times the actual amount of TDS and TDS credit as appearing in Form 26AS may differ and it may happen that the TDS credit appearing in Form 26 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... may not be able to claim the credit of correct TDS. Hence, the taxpayers are advised to confirm the tax credit appearing in Form 26AS and should reconcile the difference, if any. If discrepancy is due to deductor, then he may file TDS/TCS correction statement and correct the same. - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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