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Overbooked status in form 26as

ITR Filing 3091 views 2 replies

 

When I view my 26 AS, it states "O" against Status of Booking. What does this signify? My employer has deducted all taxes for my income & has paid it to the credit of Government.
The amount of tax deducted at source ('TDS') as appearing in my Form 16 issued by my employer also matches with the TDS details in Form 16.

When I spoke to my employer company, they said that this problem is faced on account of some problem & this has been faced by many of the employees . My Company has instructed me to file my return.
Can I go ahead & file my returns. Will I have any problem with regard to this? & if I file my return how can I rectify this post filing my return.

Replies (2)
you can file your return, no problem regarding your form 16. the problem is actually with the employer tds return. for example, the employer has deposited 5000 as tds but while filing tds return deductee detail of more than 5000 has been provided... the employer is reqd to revise its tds return accordingly.
Yes, I agree with Tribhuvan Aditya Singh


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