Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Indirect Tax »
Open DEMAT Account in 24 hrs
 How to reduce tax on rent from vacant houses
 Make sure to claim these tax deductions
 Investment tips for those opting for new tax regime
 Indirect tax dept issues notices to companies over late input credit claim under GST frame
 E-generated document required for indirect tax notices
 FinMin seeks industry inputs on direct, indirect tax changes
 Govt gives businesses four months to settle indirect tax disputes
 ITR filing becomes easy via new 'e-Filing Lite' portal - 5 things to know Income Tax Return
 No income tax on interest from accident compensation: High Court
 How much tax do you need to pay for your equity investments?
 Income Tax Department proposes new norms for taxing MNCs in India

HC order has simplified getting tax refunds
March, 25th 2013

Worried about a demand notice from the Income Tax (I-T) department under section 245 of the I-T Act, even after tax has been deducted at source from your salary? Relax. It is no longer tough to sort out the matter, thanks to a recent order of the Delhi High Court.

It is not unusual for a person to get a tax demand even after his employer cut his tax from his salary — called tax deducted at source (TDS). Furnishing proof, getting his status cleared, obtaining tax refunds, all used to be a harrowing experience for assessees. The problem stems from a mismatch of TDS details in the income tax returns (ITRs) and the TDS returns filed by the employers.

“A deductor should furnish his details as well as his employee’s correctly, and the employee must procure TDS certificate,” said Delhi-based chartered accountant Abhishek Aneja.

“If an assessee receives notice under section 245, he should approach his jurisdictional assessing officer (AO), and not write to the Centralised Processing Centre,” he said.

The CBDT has instructed tax officials that assessees be allowed, within 30 days of intimation, to file reply before

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting