returns of assessment year 2011-12 - Steps to clear backlog
The issue of
processing of returns for the Asst. Year 2011-12 and giving credit for TDS has
been considered by the Board. In order to clear backlog of returns, the
following decisions have been taken:
all returns (ITR-1 to ITR-6), where the difference between the TDS claim and
matching TDS amount reported in AS-26 data does not exceed Rs. One lac, the TDS
claim may be accepted without verification.
(ii) Where there is zero TDS matching, TDS
credit shall be allowed only after due verification. However, in case of returns
of ITR-1 and ITR-2, credit may be allowed in full, even if there is zero
matching, if the total TDS claimed is Rs. Five thousand or lower.
(iii) Where there are TDS claims with
invalid TAN, TDS credit for such claims are not to be allowed.
(iv) In all other cases, TDS credit shall be
allowed after due verification.