Demand notice

Tax queries 462 views 1 replies

For A.Y. 2012-13, an assessee deposited the entire Income Tax through TDS & TCS.

In June , 2013 , he received a Demand Notice from CPC, Bangalore to pay Rs.60,000/- (50,000/-Tax +10,000/-Interest).

He contacted the Deductor of TDS of Rs.50,000/- with the request to file Revised e-TDS Return. 

The Deductor having filed Revised e-TDS Return, the amount of Rs.50,000/- got reflection Provisionally in Form 26AS on 03-08-2013.

The assessee submitted Rectification Request on same date.

But again received reminder notice on 13-08-2013. The interest of Rs.10,000/- is not payable as the amount of Rs. 10,000/- was deducted on 29-04-2011.

What to do ? The e-filing system, as you know , does not accept any explanation or copy of Form 26AS.

Replies (1)

Dear sir,

           If you have TDS certificate with you regarding the deduction then this demand notice will not affect you. Since as per Sec 205 the assessee shall not be called upon to pay the tax himself to the extent to which tax has been deducted from that income.

 

Or you can move rectification under sec 154 & attach that TDS certificate , it will serve as an evidence & the demand order will be dropped.


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