Outstanding tax demand for ay 2007-08


Dear Tax and Legal experts,

This is regarding outstanding tax demand against me for AY 2007-08, for the amount of 37,500INR. I travelled to USA through company X in April 2007 and e-filed my taxes AY 2007-2008 from USA. But due to ingorance I didnt send hard copy of Form IV.

After returning to India in June 2013 through company Y, I filed zero value tax returns. Then I got a mail in Sept 2013 from Income tax department regarding outstanding tax demand of said amount.

Please be informed my total tax wouldn't be 35K as my CTC was less 4 lakhs.

Now the situation is, my tax returns for FY 2013-14 and 2014-15 have been kept on hold due to outstanding tax. I have been trying to file dispute, but unfortuately my company 'X' is not able to provide form-16 for Assessment year 2007-08 as it was manual till that year.

I do not have any documental evidences as of now to dispute the outstanding balance.

Please suggest on how to overcome this issue.

 
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Advocate

Please verify your Form 26AS to ensure that TDS has been duly credited in your account, if not and you are having manual Form-16  you have to apply to your ITO for retification. As per the directions of The Honorable High Court of New Delhi in WP No.2659/ 2012 in the case of Court on its own Motion Vs CIT (2013) 352 ITR 273 (Del) and subsequent CBDT Circular No.8/2015 Dated 14th May 2015. The AO can pass order U/s.154 after obtaining the TDS Certificate and an Indemnity bond form the assessee. Please seek the help of a professional in this regard.

 
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