Mr. A's TDS (Rs.15000) has been deducted by his employer (XYZ Ltd.) & deposited into bank and TDS returns (quarterly) have been submitted with ITD for the same for F.Y 2007-08.
Mr. A files ITR with ITD for F.Y 2007-08 and asks for refund (as his employer has deducted Rs. 500 excess as Mr. A's net tax liability comes to Rs. 14500 for F.Y 2007-08)
ITD sends a demand order to Mr. A, which informs Mr. A that total credit of TDS available against Mr. A's PAN for F.Y.2007-08 is Rs. 10000 and should pay Rs. 5000 with interest immediately.
Mr. A's employer confirms him that there's no error on the employer's part.
What should Mr. A do now ?????
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