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.
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.
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.