Saturday, March 31, 2012

Processing of TDS Return

                  As per Income Tax Act Section 200A, TDS return processing has been started.  After processing TDS return, intimationis to be sent to the concerned decutor/collector.   Three major or good rectification has been done w.e.f. 01-07-2012 regarding intimation of TDS returns which are given as under :-
  1. Under section 154, rectification can be done in TDS intimation. 
  2. Against the intimation under section 245A, CIT (Appelas) can be done. 
  3. After intimation of TDS return, under section 156 will be treated  demand notice. 

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