Tuesday, November 15, 2016

Redress TDS Mismatch Grievance of Taxpayers

CBDT has instructed the Income Tax department to expedite cases of TDS mismatch and reduce taxpayers grievances in this regard. The instructions have been issued after a review of the Tax Deducted at Source (TDS) subject by Central Board of Direct Taxes Chairperson."The taxpayers are facing problems due to mismatch of TDS/other taxes. These problems may be due to the nonreporting of TDS and uploading the TDS details improperly by their deductors. As a result,demand notices are being sent to the taxpayers due to non-availability of the tax credits for claim in Income Tax Returns," a recent CBDT communication said.


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