Non credit of legitimate tds by income tax department

TDS 527 views 5 replies

Lokesh Dugar

Articled Assistant

39 Points Joined August 2011

One of our clients(company) has been e-filing their IT return since A.Y.2007-08 within the due date. The company claims its TDS as per Form 26AS i.e. Form 26AS displays the whole amount of credit available to the company. Since the company's Income Tax Liability falls short of its TDS Credit, it becomes legible for claiming refund.

The problem is that the company has been legible for refunds since A.Y.2008-09 but none of its refunds have been received till date. On further scrutiny of the matter, it was found that the information (TDS Credit) at the jurisdictional ward was not matching with Form 26AS. As per their statement, the ward officials have no powers to amend their database because it is updated directly from CPC Bengaluru.

I had sent my querry to CPC-TDS wing and they have confirmed me that the data at their end matches with the Form 26AS.

Can anyone please guide me as to :

1. Who feeds the information of an assessee in the database which Income Tax Ward Officials use?

2. What should be my further action for realization of Refund?

Replies (5)

Akanksha Jain

Article

690 Points Joined July 2011

First of all, request for intimation u/s 143(1) at income tax site..

after receiving that you will come to know where the difference lies.. and upload rectification for the same..

if the data on the site shows that the file is transferred to AO.. Then, u can also ask for intimation from the respective ward and u can submit application for rectification u/s 154 to your AO.

Lokesh Dugar

Articled Assistant

39 Points Joined August 2011

Thanks for the suggestion. but the Income Tax Website shows that no Intimation orders exist for the respective assessment years. And rectification u/s 154 can be filed against an order only.

Kindly suggest some other way.

Akanksha Jain

Article

690 Points Joined July 2011

Go to your AO(your ward at the income tax office).. your filed must have been transferred there..

Lokesh Dugar

Articled Assistant

39 Points Joined August 2011

I have visited the AO at ITD-Delhi but they do not respond whenever i ask for a copy of intimation. The files have been transferred to the AO but the compnay hasnt received, but it seems that they havent processed the returns yet. That is why they even hesitate to furnish me the copies of intimations.