26 February 2018
I had invested in ICICI Bonds. They had requested to provide PAN in the specified time limit. I was not able to meet their timeline. Now they have deducted TDS @20%. They Interest paid is appearing in Form 26 AS but the TDS deducted at higher rate on this interest is not appearing in Form 26AS. What is it that I need to do now ?
26 February 2018
Sir, This happens when your PAN is not update with the Bank at the time of TDS deduction. In absence of PAN, 20% of the Interest income has been remitted.
Now that the TDS return can be revised anytime, you can request your Bank to link your PAN again and file a revised TDS return. THen the Tax credit will be reflected against your PAN