Mistake in 26as

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 September 2014 hi,
In one of my friend's 26AS statement for A.Y. 2014-15, following mistake is made.
.
.
He has received some amount as a fees liable to TDS u/s 194J. Deductor has already deducted appropriate TDS amount @ 10% and paid to govt. But in his 26AS section number is wrong and it is showing TDS u/s 194I. Deductor has already applied for correction but not updated till date.
Will there be any problem if he files his return today or he will have to wait for correction in 26AS. What are other solutions for this problem? Pls guide.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

06 September 2014 No need to wait for Correction. Go ahead and file the Income Tax Return. There will be no issue since the TDS amount has been credited and is reflecting in 26AS.

Querist : Anonymous

Querist : Anonymous (Querist)

07 September 2014 Thank you

gbalakrishnan

gbalakrishnan (Expert)
Follow

08 September 2014 once TDS is paid, file ROI for appropriate year, there should not be problems. yes AOs may make problems for one reason or other. so be prepared to file a 226 writ if any such occurs.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now