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Excess credit

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..... My Client Submitted the income tax return for 2006-2007 with all relevent Papers valid Returnswith all TDS CERTIFICATES IN original. Now he clamed sat Rs ilakh and actually valid TDS CERTIFICATE enc .....

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..... losed for the relevent year was say Rs 1.5 Lakh. While checking the TDS certificate it amounted to say Rs 1.50 lakhs . The Assessing officer says since your claim is Rs 1lakh , credit is given for for .....

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..... 1lakh . He refuses to take recognition of excess TDS CERTIFICATE . I understand that ther is dome decision either tribunal or some court that Tax certificates when valid But for clarical mistake cred .....

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..... it cannot be denied . Can u pl give some indication . Further if the time for filling revised return expires what remedy is available for recovery of due of tax deducted. Thanks S. ROYCHOWDHURY - Rep .....

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..... ly By Amit Gupta - The Reply = Yashpal Sahni 211 CTR 1 (Bom - HC)) Escorts Ltd.; 15 SOT 368 (Delhi ITAT) The above cases might be of help - Excess credit - Query Started By: - shyamal roychowdhury D .....

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..... ated:- 25-1-2008 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - t .....

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..... axmanagementindia.com - TMI - TaxTMI - TMITax .....

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