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IT demand vs 26 AS certainTDS not considered.

LAKSHMI KANTH (TAX CONSULTANT) (449 Points)

03 May 2019

Sir. while passing the intimation u/s 143(1), certain TDS credits are not considered, and the same has been turned in to demand. now, through IT portal, do l have to reply to IT damand tab or do i have to raise a grievenace to CPC Bang. which is the correct methed. kindly advice.

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3 Replies

Manoj Raturi (student-CA FINALS) (190 Points)
Replied 03 May 2019

If TDS has not been considered by income tax department that mean your tds has not been deposited by the party so you need to inform this to party and tell them to deposit it and revise their tds return and issue Form 16/16A.

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P S. P (Articled Assistant) (27 Points)
Replied 03 May 2019

Even I have received such notice, I have reprocessed the return and now waiting for it's status. You may also do the same for time being.

Ashok Kumar (CA qualified) (389 Points)
Replied 03 May 2019

Check if the TDS credits are appearing in Form 26AS and if so, whether the TAN as appearing in Form 26AS is entered in the TDS schedule of ITR.

If still not rectifiable, there could be even other case-specific reasons, for eg., banks deduct tax on family pension u/s 192 but assessees offer income under IFOS, hence will have to be explained to allow the credit.