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INCOME TAX - Credit of TDS

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CBDT Directive Regarding Grant Of TDS Credit In Mismatched Cases 

  • Pursuant to the judgement of the Delhi High Court in Court on Its Own Motion vs. UOI 352 ITR 273,
  • the CBDT has issued Instruction No. 5/2013 F.No.275/03/2013-IT(B), dated 8.07.2013
  • stating that:
  • When an assessee approaches the AO
  • with requisite details and particulars in the form of TDS certificate
  • as evidence against any mismatched amount,
  • the AO will grant credit of TDS to the assessee
  • after ascertaining whether
  • the deductor has made payment of the TDS to the Government.

  For a copy of the Instructions click here


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