Get Income Tax Refund for A.Y. 2008-09, even if TDS not matching
- Thursday, March 11, 2010, 0:46
- Income Tax
Processing of returns of A.Y. 2008-09 – Steps to clear the backlog
Instruction No. 1/2010- Dated 25-2-2010
The issue of processing of I.T. returns for the A.Y. 2008-09 and giving credit for TDS has recently been considered by the Board and following decisions have been taken, in order to clear the backlog of returns pending for processing:
i) - In all the returns filed in ITR-1 and ITR-2 for the A. Y. 2008-09, where the aggregate TDS claim does not exceed Rs four lakh and where the refund computed does not exceed Rs.25,000; the TDS claim of the tax payer concerned should be accepted at the time of processing of return.
ii)- In all the returns filed in forms other than ITR-1 and ITR-2 for the A. Y. 2008-09, where the aggregate TDS claim does not exceed Rs four lakh and the refund computed does not exceed Rs.25,000, and there is 70% matching of TDS amount claimed, the TDS claim of the tax payer concerned should be accepted at the time of processing of return.
iii)- In all remaining cases, TDS credit shall be given after due verification.
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sir, till date i has not receive tds 2008-2009.and also not receive 2009-2010, so pl tell me that when i receive the tds as early as possible. thanks,