Credit for TDS - Is it no more tedious?

By:

SEKAR, G

Material type:

Mixed materialsPublication details: 2013Description: 66-71Subject(s):

TAXATION

NLM classification:

336.2

In: CHARTERED ACCOUNTANTMSummary: The computerisation of processing of returns was brought into effect by the Finance Act, 2008 w.e.f. 1st April 2008. The scheme was brought in with a view to correct any arithmetical error in the return and any incorrect claim apparent from the return. Five years down the line, every practicing Chartered Accountant and to a large extent Income Tax Assessees, would by now have been accustomed to receiving the intimation u/s 143(1) from the Central Processing Centre (CPC), Bengaluru, showing the demnd/refund for the relevant Assessment Year and in ase of refunds the adjustment of earlier year demand against the said refund u/s 245.

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Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		61/12	Available		P14900

The computerisation of processing of returns was brought into effect by the Finance Act, 2008 w.e.f. 1st April 2008. The scheme was brought in with a view to correct any arithmetical error in the return and any incorrect claim apparent from the return. Five years down the line, every practicing Chartered Accountant and to a large extent Income Tax Assessees, would by now have been accustomed to receiving the intimation u/s 143(1) from the Central Processing Centre (CPC), Bengaluru, showing the demnd/refund for the relevant Assessment Year and in ase of refunds the adjustment of earlier year demand against the said refund u/s 245.

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