26QB payment shows up on OLTAS, but not reflecting in 26AS

Tax queries 2312 views 4 replies

Satish

Work

111 Points Joined March 2018

Made 26QB TDS e-payment on subsequent date through SBI net-banking.

Proper and correct amount, major & minor heads, AY, PAN are reflecting in TIN, OLTAS.

In 26QB acknowledgement, it says:

"As communicated by Income Tax Department, TDS certificate (Form 16B) will be available for download from the TRACES website after atleast 2 days of deposit of tax amount at the respective Bank"

More than 2 days are over but it's still not showing up on 26AS.

Talked to CPC (TDS) on their helpline no. 1800 103 0344,... the support guy says that it will take 10-15 days to reflect in 26AS !!!

And only after that Form 16B can be generated !!!

IS THIS TRUE?

Replies (4)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209846 Points Joined July 2016

Yes, generally it takes about 8 to 10 working days......

Satish

Work

111 Points Joined March 2018

Thanks a lot for the reply, Sir,... you're just great!

I don't know... but why mislead people by saying in the acknowledgement that the "TDS certificate (Form 16B) will be available for download from the TRACES website after atleast 2 days of deposit of tax amount at the respective Bank" ?

After reading that, the seller has gone crazy and demanding Form 16B every other day!!!

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209846 Points Joined July 2016

Actually it was available for download just in 4/5 days, but because of overload it gets delayed.... secondly you will get intimation as soon as its ready for download..

(note:: the word after ATLEAST 2 days !!)