TIOL-DDT 1408 · Friday, 23 July 2010 · story 2 of 5

Income Tax to Accept TDS Claims

In order to clear the backlog of returns for the Assessment Year 2009-10, the CBDT has decided that:-

++ In all the returns filed in ITR-1 and ITR-2, for the Asst. Year 2009-10, where the aggregate TDS claim does not exceed Rs. Three lakh (3 lacs) and where the refund computed does not exceed Rs.25,000; the TDS claim of the tax payer shall be accepted at the time of processing of the return.

++ In all the returns filed in forms other than ITR-1 and ITR-2, for the Asst. Year 2009-10, where the aggregate TDS claim does not exceed Rs.Three lakh (3 lacs) and the refund computed does not exceed Rs.25,000 and there is 10% matching of TDS amount claimed, the TDS claim shall be accepted at the time of processing of the return.

++ In all remaining cases, TDS credit shall be given after due verification.

CBDT Instruction No. 5/2010, Dated: July 21, 2010