Income Tax Credit Available in Your Income Tax Statement for A.Y. 2008-09

Thursday, December 11, 2008 | comments

Now-a-days, Director of Income Tax (Systems),New Delhi has sent Income Tax credit available in the each Tax payer for the Asstt. Year 2008-09 via email. It is a good step taken by income tax department. With this email, each and every personal can know how much amount of income tax has been credited in his income tax account in the period 01.04.2007 to 31.03.2008. Further also know that the bank has uploaded correctly data of TDS/TCS/Income Tax or not. If an assessee feel that the statement is not correct or in Excess Entry in his account statement. The same can be rectified with the concerned (i.e. bank or Tax dedcutor ).
Specially, the attached account statement in email can be opened with password. Password is Date of Birth in case of Individual in the format DDMMYYYY. Example, if your date of birth / incorporation is January 1, 1985 then the password will be 01011985
From the current financial year and onwards you can also view your tax credits by undertaking a one time registration. Detailed procedure for registration is available at www.incometaxindia.gov.in and www.tin-nsdl.com. To open this file all you need is Adobe Acrobat Reader version 5.0 or above. If you do not have Adobe Acrobat Reader, please click on this link
Overall, In my view, the above statement is completely equal to View your Tax Statement (Form 26AS). It is useless for those whom have already registered form 26as with Income Tax Department and checks his account properly time to time.
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