My current organisation has deducted my TDS for the FY 2021-22 and still not deposited. Kindly advice repercussions could be and how to take it forward with my company.
Ans: I hope you have filed your ITR and claimed said TDS in ITR. If TDS is not deposited by employer, it will not appear in 26AS and you will not be able to get credit of the same. Thus, it is advisable to keep written communication with employer, requesting to deposit TDS and provide Form 16 downloaded from traces (income tax website) at the earliest.
If said TDS is not deposited within reasonable time, 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 you can get TDS credit.
Once ITR is transferred to AO, you can explain to issue to AO, file copy of your communication with employer along with documents related salary and TDS deducted.
You can request AO to grant credit and communicate with your employer for depositing the TDS amount.