23 October 2015
In case of my one client demand of Rs.30000 incuding interest raised by income tax department due to reason that his employer not filled tds return.I want to cancel demand on production of Original Form No.16.Can I give reply to Jurisdictional AO to cancel demand or to CIT??What are monetary limits upto which demand can be cancelled by different income tax authorities??Plz Guide
24 October 2015
Please file a petition before the Jurisdictional ITO with a request to give credit to the TDS on the strength of the form 16 (copy) attached.
Ref :-(1) CBDT Instruction no. 5/2013 dated 8-7-2013. (2) 3i Infortech ltd's case decided by Mumbai Tribunal.