TDS Credit AY 2011-12

Section 143 of the Income-tax Act, 1961 – Assessment – General – Processing of returns of assessment year 2011-12 – Steps to clear backlog
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Instruction No. 01/2012 [F.NO.225/34/2011-ITA.II], dated 2-2-2012
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The issue of processing of returns for the Asst. Year 2011-12 and giving credit for TDS has been considered by the Board. In order to clear backlog of returns, the following decisions have been taken:
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(i)  In all returns (ITR-1 to ITR-6), where the difference between the TDS claim and matching TDS amount reported in AS-26 data does not exceedOne lac, the TDS claim may be accepted without verification.
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(ii)  Where there is zero TDS matching, TDS credit shall be allowed only after due verification. However, in case of returns of ITR-1 and ITR-2, credit may be allowed in full, even if there is zero matching, if the total TDS claimed isFive thousand or lower.
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(iii)  Where there are TDS claims with invalid TAN, TDS credit for such claims are not to be allowed.
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(iv)  In all other cases, TDS credit shall be allowed after due verification.