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P K GHOSH (Company Executive)     21 June 2010

Notice from IT Deptt

I have received today (21st June 2010), a notice from the IT Deptt in Chennai under Sec 143(1) of the IT Act 1961 asking me to deposit "unpaid" Income Tax along with Interest charges for the assessment year 2008-09, a period during which I was located in Chennai and had filed my returns there.

The notice is dated 12th March 2010 but is posted from Chennai on 16th June 2010 and received at Bhubaneswar (my current location) on 19th June 2010.

The most surprising aspect is that my previous employers / contract service providers in the releavnt period, have deducted at source and deposited with the IT department an amount which is more than the amount calculated by the IT Deptt in their claim notice as the Income tax payable by me.

As is the practice nowadays, the IT deptt had even sent me an email 2 years back intimating tme about the amount received by the IT deptt from my previous employers as tax deducted at source. It seems the left hand of IT deptt does not know what the right hand does.

Actually I am eligible for a small amount of refund, and instead of sending the refund the department is sending claims for income tax already paid.

How do I respond to this notice or do I ignore it totally?

P K Ghosh

Bhubaneswar



Learning

 3 Replies

M.V.GIRI (ADVOCATE & TAX CONSULTANT)     21 June 2010

Sir,

Now you have to verify the intimation along with your return of income. If it is correct then you can file an application for rectification u/s 154 of the IT Act. If it is not correct verify in which part isnot correct with return. Mostly they may not have taken the TDS amount. Then you give the details of TDS amount and get it rectified

Vineet (Director)     23 June 2010

No need to ignore this intimation and forgo your rightful dues refunded.

 

Just verfiy the tax computation of tax, credit of TDS amount allowed to you vis a vis claimed by you in your return of Income. If you notice that tax has been computed incorrectly or credit for TDS has not been allowed fully/ partially, apply for rectification of the order stating the facts and enclosing the copy of TDS certificate issued by your employer.

 

It has been a common problem this year in allowance of TDS credit and the same can be got rectified.

A V Vishal (Advocate)     24 June 2010

Mr Ghosh,

The problem faced by you is also being faced by thousands of other assessees, the problem lies in not filing the e-TDS return properly, quoting wrong/no PAN Number or non updation of records with the deptt. You can avail the service of tin nsdl to register to view your tax credit, once registered you can view & print the details of tax credit and submit for rectification u/s.154 of the Income Tax Act. Find the link below for more details.

https://www.tin-nsdl.com/panregistration.asp

https://www.tin-nsdl.com/panregistration_onlinereg.asp

https://www.tin-nsdl.com/panregistration_authorisation.asp

https://www.tin-nsdl.com/form26asrectification.asp


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