Just out of curiosity and to learn more, for past few years, I have been calculating tax, making whatever extra payment other than TDS online, filling return forms and submitting tax return myself. I am always excited to try new ways government implements.
I registered myself 3 years back to view tax credits paid by my employer as TDS. You can also register here : Check you tax credits. You can also download Form 26 AS here and see how much tax has been deposited on your name from your employer or any other firm.
You can view it to verify if the tax payments made by you or TDS deducted from salary or interest etc are correctly reported to the income tax department. You can also check income tax refund from previous year in the same form.
Now the same can also be checked from View Tax credit statement (Form 26 AS) section under “My Account” menu in Income tax e-filing website after login.
This is a factual account. Every date and quote below is from written correspondence I…
Every year around July–August, the same ritual: open the Income Tax Department's offline ITR utility…
In my previous update on cross-border investing, I broke down how I secured a zero…
In my last finance update, I documented the exact timeline of executing my very first…
Introduction: Most bank customers accept a credit card rejection as "final." But what happens when…
After spending quite a few days researching platforms and figuring out the best way to…
View Comments
Sir i want to know(online) the amount of tds deducted by my employer...can u help me...
@Preetam
You can check Form26AS for know the TDS amount deposited in your name by your employer. You can check it here: https://incometaxindiaefiling.gov.in/portal/form26ASInfo.do
Sir I want to know(online) the amount of tds deducted by LIC of India against PAN No.AWNPS2707H in 2010-11. can u help me…
@Sanjay
Please check Form-26AS on Income tax website (https://incometaxindiaefiling.gov.in/portal/form26ASInfo.do)
as TDS is deducted by my company but they don't gave FORM-16A ...now tell me is there any procedure to download FORM-16A ?
@Nitish
Form-16 cannot be downloaded from income tax website. It has to be issued by your company/employer.
Whoever deducts TDS, is legally bound to issue form-16/form-16A, is he fails to do so, you can complain about same in nearest income tax office.
My total gross salary 233855 from aprill 2010 to march 2011. I have two LIC policy of amount Rs.19300. I want to know my tax amount.
@Indra
Please download income tax calculator and compute income tax yourself.
You can download it from: http://www.pankajbatra.com/india/income-tax-calculator-india-2010-2011-2012/
can i download the form 16a duplicate copy for the year 2009-2010?
@Manoj
Form-16A won't be available online on income tax website.
Either you need to ask the deductor (bank/employer) to provide same or you can check TDS entries in form-26AS (can be seen at https://incometaxindiaefiling.gov.in/portal/form26ASInfo.do).
Dear Pankaj,
I am an NRI and hold a fixed deposit in SBI (under NRO account). The guys keep deducting TDS on the interest which I earn on the FD amount. Since I have LIC pilicies etc. is it possible to apply for tax refund now? or is it too late since the interest is already deducted.
@Manish
You can file income tax return and ask for tax refund in it. But it has to be done by 31st July for the financial year ended on 31st March same year.
My boss deposite my TDS and now not giving my form 16. So how i can know my "HRA, and other banefits", because i need to submit my return of current year.
Please help me asap.
@Sanjay
Your employer cannot deny issuing form-16 if TDS has been deducted from your salary. You can complaint to local income tax officer regarding same.
Moreover, Your HRA and other components must have been shown in your monthly salary slip as well as on your package structure in offer letter.
You may compute income tax yourself and file income tax return.
Hi
I've changed to another company.In Previous company has deduted the tax and filed to IT Dept.In Previous Company i've specified the tax declaration n based on that they deducted the tax for 2 months.now from 3rd month onwards am in new company n again specified the tax declaration in order to avoid huge tax deduction.now do i need to submit the IT proofs for what i declared in previous company and to current company.If yes then i will be having only one original proof of the prrofs to which i have to submit.please tell me what to do now
@Prem
You should not get tax benefit for same investments/insurances with multiple employers. Total year 80-C benefit cannot exceed 1 lakh.
At the end of year, it will be your responsibility to add all incomes, compute income tax and pay extra taxes (if any)
Hi Pankaj,
I leased my flat in Gurgaon to a corporate who have deducted TDS for yr 2008-09 and gave me a Form 16A. This Form 16A says 4th qrt statement was not filed. Also, the details do not reflect on NSDL website till date. I am unable to claim my refund (almost Rs. 30,000). The part is not responding saying they have filed everything but are helpless if NSDL does not update the account. Please advise way forward
@Subrato
If corporate has issued signed form-16A which states TDS has been deposited, they are bound legally to deposit same to IT department.
I would request you to meet income tax assessing officer, show him form-16A and give a written request for issue of income tax refund.
Pankaj, Thanks for your reply. The Problem is this Form 16A is old version 2008-09. It does not reflect name of the details of IT officer or Office in Delhi where NLDK have paid the TDS. If you send me your email ID, I can send you a copy. Also, I am based overseas and my CA is in Ahmedabad where I file for my Tax refunds. Please advise if someone can do this job in Delhi for me. Meanwhile no cooperation at all from the TDS deducting party - NLDK Timbers ..
@Subrato
There is no need to know where NLDK has paid the taxes.
You need to contact your assessing officer as he is responsible for issuing your refunds after assessing your income tax returns.
You can check your income tax ward/circle and ask your CA to meet assessing officer with your case.
I am working with a call center and my annual salary: 150000. How can I know my TDS/income tax deduction.
@Iqbal
Please download and use income tax calculator from this page:
http://www.pankajbatra.com/india/income-tax-calculator-india-2010-2011-2012/