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Drive to clean up TDS database by May 20 2011 – Cooperation between CITs (TDS) &Corporate charges’ CITs

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..... Drive to clean up TDS database by May 20 2011 – Cooperation between CITs (TDS) &Corporate charges’ CITs - News and Press Release Dated:- 29-7-2011 - News - From the desk of Chairman,CBDT S.N. 43/May 8,2011 Drive to clean up TDS database by May 20 2011 Cooperation between CITs (TDS) Corporate charges CITs To immediately redress the grievances of tax payers who have claimed ref .....

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..... unds, but because of the default on the part of tax Deductors, tax demands have been created, CBDT advises all the CCITs (CCA) to ensure thefollowing: 1. Where TDS Returns have been filed : TDS Returns with very high number of mismatches have been identified by the Systems. Top 15,020 deductors account for a mismatch of Rs 11652 cr (86% of total mismatch amount).RCC wise details with regar .....

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..... d to the same may be downloaded by the CITs (TDS) from ITAXNET thereafter these TDS Returns may be got corrected; 2. Where TDS Returns have not been filed : CITs (TDS) to ensure thatTDS Returns are necessarily filed by non-filers against whom deductees have lodged TDS claims in their income tax returns of AY 10-11. Such lists are also available at ITAXNET may be downloaded therefrom. As .....

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..... most of the TDS mismatch is reported in the TDS returns of Corporates, all the corporate charges CITs are hereby advised to extend whole-hearted support cooperation to CITs (TDS) to ensure that TDS returns, correct complete in all respects with 100% PAN quoting, are filed by the non-filer Corporates and also incomplete TDS Returns are immediately corrected. They should have separate meetings .....

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..... with CEOs of Corporates in this regard. For getting the TDS Returns immediately filed, CITs (TDS) may take the assistance of TRPs, payments to whom may be made directly by CITs (TDS). SN CIT-TDS No. of TANs with TDS returns containing high number of mismatches Number of non-filers of TDS returns 1 MUMBAI 2982 12,291 2 .....

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..... DELHI 2018 5,702 3 AHMEDABAD 719 6,058 4 PUNE 917 4,080 5 CHENNAI 1114 11,111 6 BANGALORE 1451 9,081 7 NWR 940 4,080 8 KOLKATA 703 1,767 9 HYDERABAD 1114 5,981 10 JAIPUR 275 .....

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..... 1,767 11 BHOPAL 667 3,717 12 KANPUR 509 2,467 13 KOCHI 213 2,444 14 LUCKNOW 405 2,444 15 PATNA 354 1,595 16 NAGPUR 212 1,713 17 BHUBHNESHWAR 273 976 18 GUWAHATI 154 912 TO .....

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..... TAL 15020 78,186 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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