RCA

The time tested 'TDS certificate' in form 16A is being abolished. But it is being replaced by on-line creditas evidenced by form an annual statement in electronic form 26AS.

Your PANcard entitles you to a number of facilities, which may be unknown to you. Two important features applicable to all PAN card holders are mentioned below:

The first point to remember is that even if you have a PAN card, you need not file your IT return automatically unless you have a taxable income or a refund claim. [Section 139(1)]

 

It is possible that tax has been deducted at source from salary, professional income and other sources such as interest, rent etc. But, the Income tax Department, on its part will reconcile the data received from banks and deductors through NSDL and send an annual statement (26AS) in electronic form to the deductees before 31st July,2009. (IT Rule 31AB).
Refund for excess tax deducted at source will be given only on the basis of 26AS information  & not on the basis of certificates issued by the deductor (s). [IT Rule 37BA]. Moreover, 26AS information is available in electronic form only and you must get proper authorization from NSDL before having access to your 26AS statement. (NSDL Rules)

Under the present conditions, RCA, understands the practical difficulties and is making the process as simple as possible. You can therefore adopt the following procedure if you have a TDS claim:

Contact us with your PAN card (original as well as photocopy) and proof of present address. We will get for you the authorization acknowledgement which you can use for having access to 26AS statement in future. (Processing charge Rs.200)

Contact us again with the authroization letter after 20th June and get two printed copies of 26AS statement for the year ended 31st March, 2009. You can use this statement for reconciling the tax deduction details. We also offer services for filing of the Income-tax returns.  

[Source: Integrated Enterprises]