Friday, July 17, 2015

[aaykarbhavan] Re: {Amresh's CA's} Form 15G & 15H colected by Banks



I have seen the information given in 26 AS is contrary to the actual payment of interest in the book of Bank???!! When asked explanation , said ignore it and whatever the certificate given should be correct???!!
Shah D J



On Wednesday, 15 July 2015 10:35 PM, "Udaya Simha udaycomp78@yahoo.com [ICAI_CIRC_MEERUT_CA]" <ICAI_CIRC_MEERUT_CA@yahoogroups.com> wrote:


 
I am doing Tax audit of Branch of a Bank.
It appears that the Branch is unable to cull out
information of Interest paid for customers
who have filed Form15G or 15H.
But, I saw that some Banks are uploading these data to
Income Tax Dept and the details are appearing in
Form 26AS.

Can some one enlighten me what is the exact method followed?
 
N.Udayasimha




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Posted by: Dipak Shah <djshah1944@yahoo.com>


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