TDS mismatch

Why have TCS employees received tax demand notices, and what to do if you get one

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Why have TCS employees received tax demand notices, and what to do if you get one

Employees of India’s largest IT services company, Tata Consultancy Services (TCS), have received income tax notices about discrepancies in their tax deduction at source (TDS). Several employees received income tax notices due to discrepancies between the TDS credit in their Form 26AS, Annual Information Statement (AIS) and the amount they claimed while filing their income … Read more

Received a TDS mismatch notice? It could be an error—here’s how to resolve it

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Received a TDS mismatch notice? It could be an error—here's how to resolve it

Tech professional Samir (name changed) was shocked to receive a tax demand of about ₹1.98 lakh related to his income tax return (ITR) filed for the assessment year 2024-25.  According to the intimation 143(1) sent to him, the tax deducted at source or TDS on his salary reported in his form 26AS is higher than … Read more