Tds deducted not paid implications on income tax

pisuapti jagannath (ceo) (33 Points)

27 January 2017  

Sir,

TDS was deducted by the company on the bills FY 2012-13, however the said company has not deposited the TDS until now. after lot of reminders, they have sent me their ledger copy in PDF form showing the deduction of TDS and their inability to deposit the same, thro' a mail, as the company has almost become defunct.

i claimed this TDS on my returns AY 2013-14. however income tax authorities have disallowed the same as it was not reflected in the FORM 26AS and have levied interest and penalty.

what is my recourse. should i hire a CA for this. is there any CBDT circular or court judgements which i can rely on.

OR should i just pay up and  treat it as bad luck.

would be obliged if you can show a way.

regards

jagannath