Employer, deducted the TDS from Salary but deposited the same and accordingly TDS not reflecting in Form 26AS of Employee.
Employee received only the net salary.
How employee should show in his ITR i.e. Net Salary as Salary Income and deposit the Self Assessment Tax or Should show gross salary as salary income and claim the TDS as depoait of TDS is sole liability of employer.
TDS discrepancy: employer should approach tax authorities with proof to secure rectification of Form 26AS for tax credit. Employer deducted TDS from salary but the amount is not shown in the employee's Form 26AS; the response advises the employer to approach tax authorities with proof of deduction and deposit and request rectification of Form 26AS so the tax credit is reflected. (AI Summary)