26AS NOT UPDATED


This query is : Resolved 

Quick Summary
If a mistaken PAN entry has caused incorrect TDS deductions to appear on your 26AS or AIS statements, don't worry. The deductor can revise their TDS return, but updates to your statement may take time. You can raise an issue on the Traces website or through the AIS portal by selecting 'Information relates to other PAN/Year' if the correction isn't reflected promptly.

03 July 2022 Someone by mistake made a payment to his vendor after deducting TDS but, by mistake mentioned my PAN instead of his Vendor's PAN. As a result, the whole amount and the TDS is showing in my 26AS and AIS/TIS. Somehow I contacted the deductor and he agreed to his mistake. Now according to him, he has revised his TDS return a week ago but the amount is still showing in my 26AS/ AIS/TIS. Does it take so much time for 26AS / AIS to be updated ? What remedy do I have ?

03 July 2022 Yes, it will take some time to update.
Wait for some time this problem will be solved as required action taken.

03 July 2022 Thanks sir.
But I am not sure if they have actually done it. So how much time should I wait before raising a request on the Traces website that transaction does not belong to my PAN. I think 2 weeks should be enough.

03 July 2022 Raise issue in AIS and file ITR you will not face any problem.

03 July 2022 Can you please guide me on how to raise issue in AIS. This reciept and TDS is showing under business receipts / 194Q in AIS. Do I raise issue by providing feedback on the same by selecting "Information relates to other PAN/Year" ? Or is there some other way of raising the issue ?

04 July 2022 Yes, raise issue by providing feedback on the same by selecting "Information relates to other PAN/Year".




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