Hello Everybody...
I need your expert opinions on the following case:
" An assessee employed in forest department was not having income chargeable to tax till last year. For this year (AY 10-11) due to the application of Sixth Pay Commission his income is more than the maximum amount not chargeable to tax. therefore, the forest department deducted Rs.23,000 as his TDS. Now the problem is that the assessee was not having PAN No. at the time of deduction and payment of TDS. Now I want to know that:
1) How department will issue Form No. 16 to the assessee.
2) Can assessee avail Tax Credit of Rs. 23,000 while filing his return of income.
Everyone please reply.
CAclubindia
