01-Jul-2019: Just Think of it
Just think of it:
(1) IT Dept has extended the date of TDS deposit to 30-Jun-2019, and updating the data at their end to 10-Jul-2019. But for the ITR filing public the last date is still 31-Jul-2019. How does the IT Dept expect to have compliance within 3 weeks?
(2) A new provision has been incorporated in ITR filing online- if the 26AS doesn't reflect correctly the TDS, then it can be added. Fine, theoretically. But how they are going to check it if the TDS deductor has not complied, or take action if found guilty?
(3) What if the TDS is updated in the 26AS after one has filed ITR? will the system automatically update the TDS column of the ITR already filed? One PSU Bank has not yet deposited a single rupee of TDS throughout the year till today.
(4) Why doesn't the IT Dept make it on
line (Real Time transfer) the moment the TDS is deducted. It looks like the IT
Dept is equally to blame for the non compliance of ITax if any due. What you
say?
