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ITR-2 Filing Problems: How Do I Correct AIS and 26AS Mistakes?

Mihir

Mihir Tanna  |984 Answers  |Ask -

Tax Expert - Answered on Dec 17, 2024

Mihir Ashok Tanna, who works with a well-known chartered accountancy firm in Mumbai, has more than 15 years of experience in direct taxation.
He handles various kinds of matters related to direct tax such as PAN/ TAN application; compliance including ITR, TDS return filing; issuance/ filing of statutory forms like Form 15CB, Form 61A, etc; application u/s 10(46); application for condonation of delay; application for lower/ nil TDS certificate; transfer pricing and study report; advisory/ opinion on direct tax matters; handling various income-tax notices; compounding application on show cause for TDS default; verification of books for TDS/ TCS/ equalisation levy compliance; application for pending income-tax demand and refund; charitable trust taxation and compliance; income-tax scrutiny and CIT(A) for all types of taxpayers including individuals, firms, LLPs, corporates, trusts, non-resident individuals and companies.
He regularly represents clients before the income tax authorities including the commissioner of income tax (appeal).... more
Chandran Question by Chandran on Jul 14, 2024Hindi
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Sir, I have the following two problems in ITR-2 filing. 1. There are wrong figures in my AIS which is not a part of the 26AS. Quite a few corrections are needed in AIS. (example Rs.6040 in place of 1040). In the "feedback" window, earlier there was a provision to click "Information is not fully correct" with which one could at least indicate a mistake. Now it is conveniently removed and one is left with no alternatives to point out an error. Can you please guide me how to proceed? 2. For a mistake in 26AS, I contacted the Deductor Co. and explained orally and also in writing but they simply did not respond. I am just hoping that they will do the needed correction within the few days available as on today. If they do not act, is there a way out?

Ans: I just checked income tax portal for one of our client and option "Information is not fully correct" is still available.

Also with reference to 26AS issue, you can file grievance at eNivaran option available at income tax portal
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Mihir

Mihir Tanna  |984 Answers  |Ask -

Tax Expert - Answered on Oct 18, 2022

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On downloading my AIS and 26AS for AY 2022-2023 in June this year I found that interest paidfor Rs.60000 and TDS Rs.6000 each on 04/08/202 and 09/02/2022 on someone else's Taxable Savings Bonds with a Punjab National Bank branch has been wrongfully reported in my PAN in IT Portal besides my interest. I mailed complaints to their customer care, submitted written complaint with the branch and mailed multiple times but to no avail. After I lodged complaint with RBI Ombudsman they replied and also to RBI that mistake has been rectified on 29 Jul '22. On that basis I submitted my ITR on 30/7/22 excluding interest income of Rs 120,000 and TDS Rs 12,000 not pertaining to me. I also submitted feedback in AIS. But the AIS is showing this interest. I did not verify my ITR as the rectification done by bank is not yet reflected in my 26AS. After I lodged complaint again with RBI Ombudsman on 23/08/22 the bank replied that correction would be done within seven days. I also registered my issue in MY GRIEVANCE Portal on 12 SEP '22 but no further response is received and the mistake is still there. Sir, kindly advise me what shall I do now?
Ans: I understand you would have complied with verification requirement within prescribed time limit of 120 days.

With reference to wrong amount appearing in 26AS, as you have already taken appropriate steps, you can wait for 26AS updation.

If any tax demand is raised before 26AS updation, you have to contact CPC department of Income Tax. Through telephonic talk you have to explain the issue and request them to transfer your ITR to jurisdictional assessing officer (AO) so demand is deleted.

Once ITR is transferred to AO, you can explain to issue to AO, file copy of your communications/grievances.

You can request AO to look into issue and communicate with TDS deductor who has wrongly reported.

..Read more

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