Form 16 a not recognized by deputy commissioner

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Jignesh Desai (Querist)
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05 May 2014 My relative had invested in Senior Citizen Savings Scheme (A Post Office Scheme) in 2005 .For A.Y. 2008-09 , she received Rs. 1,35,000 Interest which was duly credited in her Post Office Savings A/c Pass Book . The 'TDS deducted entry' dtd 7/6/2008 of Rs. 13,904/- (135000 x 10.3%) gets reflected in her Pass Book (TDS is Rs. 3476 x 4 = 13904). Though the Post Office had not filed the TDS Return ONLINE , they gave the Form 16A for this TDS of 13904 which my relative submitted along with her Return for AY 08-09 .

However , in 2010 , she received Sec. 143(1) Intimation from Dy. Commisoner of I-T & ACIT Circle indicating that this TDS was NOT RECOGNIZED as Tax Paid . So , in March 2010 , she got fresh Form 16A issued from the Post Office for the same period & gave to her C.A. who in turn told her that he had forwarded it to the concerned I-T Officers & the matter would get settled .

However , in April , this year , she has received a reminder Letter from her Assessing Officer stating that Demand for this amount along with interest accrued on it is still standing .

The Post Office staff is willing to issue her yet another Duplicate Form 16A for the Same period , i.e. Ay 08-09 . However , my question is that this time around , IN RESPECT TO WHAT DETAILS should she request the Post Office to be ESPECIALLY CAREFUL WHILE PREPARING THE DUPLICATE FORM 16A so that when it is shown to the A.O. , HE FINALLY RECOGNIZES IT AS TAX PAID ON BEHALF OF HER AND QUASHES THE DEMAND.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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06 May 2014 income tax department recently permitted providing tds credit on the basis of furnishing adequate information which in this case shall be bank statements, Form 16A. please use CBDT circular 5/2013 dated 8/7/2013

http://www.icai.org/new_post.html?post_id=9707&c_id=219

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