Non-enforcement of recovery of demand against the assessee where tax has been deducted but not deposited by the deductor

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..... Non-enforcement of recovery of demand against the assessee where tax has been deducted but not deposited by the deductor - News and Press Release Dated:- 12-3-2016 - News - The Central Board of Dir .....

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..... ect Taxes (CBDT) had issued directions to the field offices that taxpayers whose tax has been deducted at source but not deposited to the Government s account by the deductor, will not be asked to pay .....

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..... the demand to the extent tax has been deducted from his income. A letter to this effect was issued on 01.06.2015. Through this letter an embargo had been put on the direct demand against the assessee .....

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..... s in cases where the tax demand is on account of tax-credit mismatch due to non-payment of TDS to the Government account by the deductor. Instances have come to the notice of the Board that the .....

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..... se directions are not being strictly followed in the field offices. An Office Memorandum(OM) has therefore been issued yesterday reiterating the contents of the letter. It has been re-emphasized that .....

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..... the assessing officers shall not enforce demands created on account of mismatch of credit due to non-payment of TDS amount to the credit of the Government by the deductor. The Office Memorandu .....

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..... m dated 11.03.2016 is available on the website of the Department www.incometaxindia.gov.in . - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagement .....

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..... india.com - TMI - TaxTMI - TMITax .....

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