Key Points
It may happen that you have not received TDS certificates such as Form 16, Form 16A etc. either from your employer or bank or any other financial institutions due to which you might find it difficult to file your ITR..
Dr Suresh Surana, founder, RSM India - a tax consulting group says, "An individual can file ITR on the basis on Form 26AS, AIS as well as the details of transactions available with him/her that were carried out during the financial year..
It is advisable for taxpayers to cross-check the TDS certificates such as Form 16/Form 16A vis--vis Form 26AS and AIS..
Surana says, "While the responsibility of deducting tax on salaries & providing a TDS certificate is on the employer or in other cases on the deductor, an individual is required to calculate & pay taxes on his income and file income tax returns irrespective of whether the employer fails to furnish/issue form 16/16A, provided his income under all heads, including salaries, is above the basic exemption limit."..
Thus, the income tax department asked the taxpayers to check their AIS and if there were any errors, then it was duty of the taxpayer to inform the same to the income tax department and get it corrected...
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