TMI BlogProcedure for response to Arrear demand By Taxpayer And Verification and Correction Demand by AOsX X X X Extracts X X X X X X X X Extracts X X X X ..... yers on the E-filing website (www.incometaxidiaefiling.gov.in) to provide online responses to such demands. The actions required to be performed by the taxpayer and the AO are being consolidated in this circular as under: 2. Action To be performed by Taxpayers i. Login to e-Filing website with User ID. Password, Date of Birth/ Date of incorporation and Capicha ii. Go to E-file menu and click on Response to Outstanding Tax Demand . iii. Following details would be displayed. Assessment Year Section Code Demand Identification Number (DIN) Date on which demand is raised Outstanding demand amount Uploaded By Rectification Rights Response- Submit and View iv. Taxpayer must click on Submit l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he reasons selected, the taxpayer need to provide additional information as per the table given below. Reason Selected Additional Detail Required Demand paid and Challan has CIN BSR Code Date of payment Serial Number of challan Amount Remarks (any comments of taxpayer can be included) Demand paid and Challan has no CIN Date of payment Amount Remarks (any comments of taxpayer can be included) Upload copy of Challan Demand already reduce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... included) Upload Challan Copy Upload TDS Certificate Upload Letter requesting rectification copy Upload Indemnity Bond Rectification filed with AO Date of application Remarks (any comments of taxpayer can be included) Other Reasons Others (any comments of taxpayer can be included) ix. If taxpayer selects Disagree with the Demand then taxpayer must furnish the details of disagreement along with reasons Details / Reasons are same as provided under Demand is partially correct . x. After the taxpayer submits the respo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Records; or d) Details are already available in the system, such as additional TDS credits reported by Deductor in case of earlier TDS mismatch. 4. Handling Different Scenarios during Verification and Confirmation of Demand; The Assessing Officer (AO) should handle different scenarios during verification and confirmation of demand in following manner: 4.1 Demand or tax has been paid: (a) If the taxpayer's reply or Departmental records show that demand or tax has already been paid and challan (Challan identification number (CIN)) is available on the system. i. The AO should reduce the demand by posting the challan or passing rectification order u/s 154 on the system. ii. If the demand is prior to 01/04/2010, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the taxpayer's reply or Departmental records show that the demand is an account of TDS mismatch and TDS credits are available in the system, the AO should follow steps as under: i. The AO should reduce the demand by passing rectification order u/s 154 on the system after taking into account the TDS credits available on the system. ii. If the demand is prior to 01/04/2010, the demand has to be reduced directly on the CPC-FAS system after rectification u/s 154 . (b) If the credits are not available in 26AS: The reduction can be done only in the cases of Individuals and HUFs . Further, the amount of reduction should not exceed Rs.1,00,000 for that AY and AO should take following steps. i. AO should pass order u/s 154 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ity Bond) in favour of Government of India (Department of Finance) i.e. Income Tax Department by Mr./Mrs/Ms _____________________________________________ (Name of the Indemnifier) Son of / Daughter of/ Wife of __________________ on behalf of self or M/s _________________________ PAN __________________________ Status ____________________________ WHEREAS This is to undertake: 1. That I had filed my Income Tax Return for the Assessment Year ________________ 2. That TDS claimed in the return of Rs. __________________ belongs to me as per TDS certificates mentioned below Name of Deductor, TAN of deductor, Date of TDS certificate, Amount a. _________________________________ b. _________________________________ O ..... X X X X Extracts X X X X X X X X Extracts X X X X
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