TDS Certifcates and 26AS

CA.Arun Kumar (CA Final) (34 Points)

25 June 2011  

During the course of the assessment it has been observed that the Assessing officer is diallowing the credit of TDS , claimed by the assessee based on the 26AS.

01. AO says that since the person(deductor) did not remitted the TDS deducted by him to the GOVT he will not allow the claim and ask the assessee to pay the TAX along with 234B and 234C.

02. Inspite of the fact that the assessee produce the original TDS certificates AO is so adamant that he will not allow the TDS.

03. Is the contention of Assessing officer is right.

04. Why cant AO u/s 131 can ask the deductor to produce the proof of payment? Why AO is asking the assessee to ask the deductor to fill revised return.

What is the remedy available to the assessee in this case.