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Processing of returns of A.Y. 2008-09 - Steps to clear the backlog


 Notice Date : 25 February 2010

Processing of returns of A.Y. 2008-09 - Steps to clear the backlog

Instruction No. 1/2010

Dated 25-2-2010

 

 The issue of processing of I.T. returns for the A.Y. 2008-09 and giving credit for TDS has recently been considered by the Board and following decisions have been taken, in order to clear the backlog of returns pending for processing:

 

 i) -   In all the returns filed in ITR-1 and ITR-2 for the A. Y. 2008-09, where the aggregate TDS claim does not exceed Rs four lakh and where the refund computed does not exceed Rs.25,000; the TDS claim of the tax payer concerned should be accepted at the time of processing of return.

 

 ii)-   In all the returns filed in forms other than ITR-1 and ITR-2 for the A. Y. 2008-09, where the aggregate TDS claim does not exceed Rs four lakh and the refund computed does not exceed Rs.25,000, and there is 70% matching of TDS amount claimed, the TDS claim of the tax payer concerned should be accepted at the time of processing of return.

 

 iii)- In all remaining cases, TDS credit shall be given after due verification.

 

vidyasagar
on 09 March 2010
Published in Income Tax
Source : ,










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