Income tax- tds in advance tax

Pucki (Querist) 09 February 2012 This query is : Resolved

Dear Sir/Madam,

Form 26AS is available on website . It shows TDS deducted etc. Kindly let me know whether TDS is to be taken on actual basis or on Estimated basis??

Follow Query

Report Abuse

Sailesh Kumar Shah (Expert) 09 February 2012
Of course, on Form 26AS basis. No need to take on estimate basis. It would be better to take tax credit on tds certificate basis.

Raj Kumar Makkad (Expert) 09 February 2012
It requires computation on actual basis and not on estimated basis.

C. P. CHUGH (Expert) 10 February 2012
Together with TDS as available in Form 26AS, you are also required to claim credit for TDS (if any) deducted and not appearing in form 26AS on the basis of Physical Certificate in your Hand.

Match your Physical Certificates with 26AS and those no appearing there, contact the Deductor and ask him to file correction statement so that the credit for those is also available in FOrm 26AS.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries