Yes, the tax credit in your case will be reflected in your Form 26AS and, hence, you can check Form 26AS and claim the credit of the tax accordingly. However, the claim of TDS to be made in your return of income should be strictly as per the TDS credit being reflected in Form 26AS. If there is any discrepancy in the tax actually deducted and the tax credit being reflected in Form 26AS then you should intimate the same to the deductor and should reconcile the difference. The credit granted by the Income-tax Department will be as per Form 26AS.
Articles in this section
- What is the difference between PAN and TAN?
- If I buy any land/building then is there any requirement to deduct tax from the sale proceeds to be paid by me to the seller?
- I have not received TDS certificate from the deductor. Can I claim TDS in my return of income?
- Would I face any adverse consequences if instead of depositing TDS in the government's account I use it for my personal needs?
- I do not have PAN. Can I furnish Form 15G/15H for non-deduction of TDS from interest?
- However, the provisions of section 206AA shall not apply in the following cases:-
- At what rate the payer will deduct tax if I do not furnish my Permanent Account Number to him?
- What to do if the TDS credit is not reflected in Form 26AS?
- How can I know the quantum of tax deducted from my income by the payer?
- What are the duties of the person deducting tax at source?