Resolving Discrepancies Between TDS Statement and Form 26AS
Form 16 is given to you by your employer before you file your income tax return for a financial year. It shows the tax deducted from your salary. Form 16A is used for showing tax deducted (TDS) from other income like interest or dividends. All the tax figures you see in Form 16 and Form 16A must also reflect in your tax summary, Form 26AS. But occasionally, there can be discrepancies on account of minor errors or clerical mistakes.
We will see in this article what these discrepancies can be, why they occur, and what issues they can create.