Excess credit

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..... Excess credit
Query (Issue) Started By: - shyamal roychowdhury Dated:- 25-1-2008 Last Reply Date:- 8-2-2008 Income Tax
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Income Tax
My Client Submitted the income tax return for .....

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..... 2006-2007 with all relevent Papers & valid Returnswith all TDS CERTIFICATES IN original. Now he clamed sat Rs ilakh and actually valid TDS CERTIFICATE enclosed for the relevent year was say Rs 1.5 La .....

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..... kh. 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 1lakh . He refuses to take recognition of ex .....

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..... cess TDS CERTIFICATE . I understand that ther is dome decision either tribunal or some court that Tax certificates when valid But for clarical mistake credit cannot be denied . Can u pl give some indi .....

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..... cation . Further if the time for filling revised return expires what remedy is available for recovery of due of tax deducted. Thanks S. ROYCHOWDHURY Reply By Amit Gupta: The Reply: Yashpal Sahni 211 .....

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..... CTR 1 (Bom - HC)) Escorts Ltd.; 15 SOT 368 (Delhi ITAT) The above cases might be of help
Discussion Forum - Knowledge Sharing .....

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