The Direct Taxes Committee of ICAI makes suitable representations to the Central Board of Direct Taxes or other appropriate bodies on various issues arising out of direct tax laws from time to time which are brought to the notice of the Committee by the members.

Recently, it has been brought to the notice of Direct Taxes Committee that demand notices are being served on the Deductors on account of various possible reasons. The said matter was placed by ICAI before the Central Direct Taxes Advisory Committee in its meeting which was chaired by Hon’ble Finance Minister Shri Pranab Mukherjee. Considering the fact that there may be other difficulties which are being faced owing to rectification of TDS returns the ICAI was requested to compile all such difficulties being faced by the assessees and discuss the same with appropriate authorities.

Thus, the members are requested to share the difficulties, if any, being faced in respect of demand notices, rectification of TDS returns etc latest by 25th February, 2012 at dtc.memoranda@icai.org. The issues so received will be compiled and considered by the Committee for making appropriate representation.

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Type : News (13503)
Tags : ICAI (2561) TDS (995)

7 responses to “ICAI Requests Members to Share Hardship Being Faced with Regard to TDS Returns”

  1. Venus224165 says:

    I would like to suggest about procedure
    First appoint TDS Officers at all district level(DLTO), second, the DLTO will receive all return in media and on receiving the media the DLTO should process the data at the same time, and he should give report at the same time . The report may contain all details including unmatched PAN, matched PAN and full name of PAN holder, 
    by such procedure the deductor himslef check the Report received from DLTO and will satisfy about return, if there are any kind of error then he is required to file corrected return. 
    We Should think for such procedure, and ask the authority to do needful for the same.
    your suggestion is highly invited on venus224165@gmail:disqus .com
     thanks

  2. Venus224165 says:

    I would like to suggest about procedure
    First appoint TDS Officers at all district level(DLTO), second, the DLTO will receive all return in media and on receiving the media the DLTO should process the data at the same time, and he should give report at the same time . The report may contain all details including unmatched PAN, matched PAN and full name of PAN holder, 
    by such procedure the deductor himslef check the Report received from DLTO and will satisfy about return, if there are any kind of error then he is required to file corrected return. 
    We Should think for such procedure, and ask the authority to do needful for the same.
    your suggestion is highly invited on venus224165@gmail:disqus .com
     thanks

  3. Venus224165 says:

    I would like to suggest about procedure
    First appoint TDS Officers at all district level(DLTO), second, the DLTO will receive all return in media and on receiving the media the DLTO should process the data at the same time, and he should give report at the same time . The report may contain all details including unmatched PAN, matched PAN and full name of PAN holder, 
    by such procedure the deductor himslef check the Report received from DLTO and will satisfy about return, if there are any kind of error then he is required to file corrected return. 
    We Should think for such procedure, and ask the authority to do needful for the same.
    your suggestion is highly invited on venus224165@gmail:disqus .com
     thanks

  4. Chhaya D says:

    Quarterly TDS returns status shows errors  like ‘No records found’ or ‘Under Process at NSDL’ When the complaint is raised to NSDL to find out the reason for same, there is no reply from their side and we are asked to wait for months and months. Due to this, we cannot issue form 16A nor can we file a revised return also.

  5. Chhaya D says:

    Quarterly TDS returns status shows errors  like ‘No records found’ or ‘Under Process at NSDL’ When the complaint is raised to NSDL to find out the reason for same, there is no reply from their side and we are asked to wait for months and months. Due to this, we cannot issue form 16A nor can we file a revised return also.

  6. Chhaya D says:

    Quarterly TDS returns status shows errors  like ‘No records found’ or ‘Under Process at NSDL’ When the complaint is raised to NSDL to find out the reason for same, there is no reply from their side and we are asked to wait for months and months. Due to this, we cannot issue form 16A nor can we file a revised return also.

  7. Srinuk69 says:

    we are facing lot of troubles even due is 7ht every month the 7th day being  asun day the we ay the tax next day i.e 8ht day the cbt is sending notices for delaying payment of tax such demad is not correct since, the officer of tds wards not co-operative they are rudely answaering that you should pay the befor 7th day but due unavodable sciurcumstance somebady pay the next day of working bank day
    hence apeal to the cbt to drop the sending notices

    srinivas

  8. Srinuk69 says:

    we are facing lot of troubles even due is 7ht every month the 7th day being  asun day the we ay the tax next day i.e 8ht day the cbt is sending notices for delaying payment of tax such demad is not correct since, the officer of tds wards not co-operative they are rudely answaering that you should pay the befor 7th day but due unavodable sciurcumstance somebady pay the next day of working bank day
    hence apeal to the cbt to drop the sending notices

    srinivas

  9. Srinuk69 says:

    we are facing lot of troubles even due is 7ht every month the 7th day being  asun day the we ay the tax next day i.e 8ht day the cbt is sending notices for delaying payment of tax such demad is not correct since, the officer of tds wards not co-operative they are rudely answaering that you should pay the befor 7th day but due unavodable sciurcumstance somebady pay the next day of working bank day
    hence apeal to the cbt to drop the sending notices

    srinivas

  10. K H Mahajan says:

    Sir—-   Re.   TDS Returns.  Normally while filing Quarterly Returns, Deductor or their CA or advocates
    are not serious about entries of PAN of Deductees or TAN of deductors  , therefore ultimately assessees suffers in getting refunds , hence strict provisions in ACT should be to penalise deductors.
                     Thanks.  Ca K H Mahajan 08957

  11. K H Mahajan says:

    Sir—-   Re.   TDS Returns.  Normally while filing Quarterly Returns, Deductor or their CA or advocates
    are not serious about entries of PAN of Deductees or TAN of deductors  , therefore ultimately assessees suffers in getting refunds , hence strict provisions in ACT should be to penalise deductors.
                     Thanks.  Ca K H Mahajan 08957

  12. K H Mahajan says:

    Sir—-   Re.   TDS Returns.  Normally while filing Quarterly Returns, Deductor or their CA or advocates
    are not serious about entries of PAN of Deductees or TAN of deductors  , therefore ultimately assessees suffers in getting refunds , hence strict provisions in ACT should be to penalise deductors.
                     Thanks.  Ca K H Mahajan 08957

  13. SubhashChandrapodder says:

    Good initiative taken by the Institute of Chartered Accountants of India,
    CA. Subhash Chandra Podder
    Kolkata
    20/02/2012

  14. SubhashChandrapodder says:

    Good initiative taken by the Institute of Chartered Accountants of India,
    CA. Subhash Chandra Podder
    Kolkata
    20/02/2012

  15. SubhashChandrapodder says:

    Good initiative taken by the Institute of Chartered Accountants of India,
    CA. Subhash Chandra Podder
    Kolkata
    20/02/2012

  16. SubhashChandrapodder says:

    Good initiative taken by the Institute of Chartered Accountants of India,
    CA. Subhash Chandra Podder
    Kolkata
    20/02/2012

  17. Avinash says:

    Good initiative  by the institute.The institute should ask the CBDT to stop  immediately issuing notices of deamd without giving proper opportunity of being heard. The task of compilation of difficulties can be taken up later on.     

  18. Avinash says:

    Good initiative  by the institute.The institute should ask the CBDT to stop  immediately issuing notices of deamd without giving proper opportunity of being heard. The task of compilation of difficulties can be taken up later on.     

  19. Avinash says:

    Good initiative  by the institute.The institute should ask the CBDT to stop  immediately issuing notices of deamd without giving proper opportunity of being heard. The task of compilation of difficulties can be taken up later on.     

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