Now, you can check tax credit statement online

July 09, 2010

Manish pachouly manish.pachouly@hindustantimes.com

Mumbai: if your company hasn't given your Form 16, which gives details of your tax deducted at source (TDS), don't fret yet.

Now, taxpayerd can check online if the tax deducted from the salary has actually gone to the department on a new facility set up by the income tax (IT) department.

Also, in the absence of Form 16, a taxpayer can use this new facility to get details of TDS and file returns accordingly.

The last date to file returns for salary class and non-corporated is July 31.

The facility is available to all taxpayers, including those who file returns manually. "One only needs to have a Permanent Account Number (PAN)," said a senior I-T official.

A taxpayer has to just register himself by providing personal details on the department's online system. Once registered, a person can see his TDS details from the financial year 2005-06.

The new facility will not only benefit the salary class, but also businessmen and people who take on contract work and receive payments from different people. Payments in such cases are made after deducting tax.

"Sometimes the person making the payment avoids giving the TDS certificate. In such cases, it could be checked if the TDS has actually gone to the department," the official said.

He added that in some cases while making the payment, people deduct the tax and give certuficate, but do not deposit the some (tax) with the department. "It not only happens with small businessmen, but also with big groups," the official said, adding that now an employee or payment receiver can find out the details and inform the department is case he or she finds any discrepancy.

Charterd Accountant Naresh Dharia said the new facility is taxpayer friendly."Now all assesses, whether salaried or non-salaried, can view their tax credit statements by registering free," he said.

There are around 28 lakh assessees in Mumbai.

Register

Online

The process

Go to wwwincometaxindiaefiling.go.in

Register as a new use

Type in your PAN, which becomes your login identity_

Fill in the required personal details, including your email ID and create a password.

Once registered, you will get an immediate intimation on your email ID.

GO to your email and follow the instructions to activate your account.

After activation, login and click on "My Account" to see your details.