Filing application u/s 154 of the act

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Mohan Saxena (Querist)
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08 February 2013 Dear Expert,

An assessee(Company) has filed its Income Tax Return for the Financial Year 2007-08 with TDS paid as per actual TDS Certificates of Rs.24,79,406.00 against Total TDS deduction as per Books of Accounts of Rs.25,84,568.11.

The department has issued the applicable refund after considering TDS deduction claimed of Rs.24,70,406.00 by the assessee.

Now the assessee would like to claim the difference of TDS deduction as per Books of Accounts of Rs.25,84,568.11 Less TDS Deduction Claimed in Income Tax Return of Rs.24,79,406.00 of Rs.1,05,162.00 from the department by filing an application u/s 154 of the Income Tax Act.

Now Form No.26AS on Income Tax Website showing a total TDS deduction of Rs.24,12,169.30 for the Financial Year 2007-08.

Regards,

Mohan Saxena

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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08 February 2013 Search the TDS amount which is not matching with the help of Form 26AS and as per TDS A/c in your books and- contact the deductors to rectify their return of corresponding period.
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If you have got the TDS certificates -Form 16, produce the same before the AO -if the matter is not solved at CPC level.
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Mohan Saxena

Mohan Saxena (Querist)
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08 February 2013 Thanks a Lot Sir.

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