!DOCTYPE html> Tax Pert | TAX CREDIT VERIFICATION | A Tax Consulting Site

Currently we have seen lots of Intimation being issued by the Income Tax Department to the tax-payers, mainly on account of Tax credit mismatch or mismatch in the tax payment details. Mismatch in Tax credit details is mainly due to - 

·         Non-filing of TDS / TCS Return by the Deductor / Collector

·         Non-quoting or misquoting your PAN by the Deductor / Collector while filing TDS / TCS Return

·         Non-provision or providing wrong PAN to the Deductor / Collector

·         Rejection of TDS / TCS Return filed by Deductor / Collector

Mismatch in Tax-payment normally arises on account of -

·         Bank has digitized wrong PAN in the Challan

·         Bank has not uploaded the digitized challan

·         Bank has made error in mentioning the amount while digitizing the Challan

·         Bank has made error in mentioning CIN Details in the Challan data

·         You have mentioned wrong Assessment Year in the challan

·         You have quoted incorrect PAN in the tax payment challan

As a result of above one has to go through the hassles of rectifying the return filed for getting proper credit. In order to minimize such error, it is always advisable to cross-check the data entered in the income tax return with that available with the Income Tax Department, before filing the return. And this is what Taxpert would do for you on subscribing to this service.

Once you have entered your Tax Credit details in your account, Taxpert would download your Tax credit details available with the Income Tax Department and compare both the data. Subsequent to this, it would inform you about the various mismatch found alongwith possible resolution. Based on this you can take your decision and accordingly modify the data and file your return.