ICICI Bank deducted TDS of around 16,000 Rs for FDs, but the same doesn't reflect in my 26 AS or AIS. PAN is available and linked with Aadhar.
What action should I take?
15 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177744 Points)
Replied 09 June 2024
Have you received form 16A from bank?
Barkha
(None)
(228 Points)
Replied 09 June 2024
No, they didn't send Form 16A, but interest certificate downloaded from netbanking clearly shows that TDS has been deducted.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177744 Points)
Replied 09 June 2024
So, wait for their form 16A. By that time form 26AS will also reflect the TDS.
Barkha
(None)
(228 Points)
Replied 09 June 2024
How much time should I wait for them to send Form 16A? Is there any last date?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177744 Points)
Replied 09 June 2024
May be within a week's time the form 26AS will get updated.
Barkha
(None)
(228 Points)
Replied 09 June 2024
OK, if it still isn't updated, what steps can I take?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177744 Points)
Replied 09 June 2024
Advisable to wait till updating (not more than a week) of form 26AS, to avoid any defective notice.
MPR Sanjay Kumar
(3118 Points)
Replied 09 June 2024
Honourable Dhiraj lal rambhia sir, how the Income Tax department traces the accessories transactions financials how 26as will get all information all or through pan?????
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177744 Points)
Replied 09 June 2024
TRACES and AIS are interconnected.
Barkha
(None)
(228 Points)
Replied 10 June 2024
Ok, thanks for the advice. I will wait for a week then.
U K Prabhu
(Banking Consultanat)
(46 Points)
Replied 10 June 2024
For Form 16A & B - Time limit is up to 15th of this month
bujjulu
(e-TDS + IT return filer Hyderabad)
(731 Points)
Replied 11 June 2024
I file for Union Bank of India employees. Their 26AS is not updated, till 11-6-2024 at 10.0 AM.
In this situation, is there any way (shortcut method) to know whether the deductor has filed their TDS return and is in the process of updating by TRACES?
bujjulu
(e-TDS + IT return filer Hyderabad)
(731 Points)
Replied 11 June 2024
I file for Union Bank of India employees. Their 26AS is not updated, till 11-6-2024 at 10.0 AM.
In this situation, is there any way (shortcut method) to know whether the deductor has filed their TDS return and is in the process of updating by TRACES?
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