The CBDT has issued a document setting out the “Standard Operating Procedure” (SOP) for adminstering TDS credit by the CPC-TDS. The SOP deals with the following issues in great detail:
i. Matching the unconsumed challan.
ii. Top deductors paying less/no tax with respect to previous financial years.
iii. Resolvable/Collectible TDS Demand.
iv. G-OLTAS reconciliation.
v. Corporate connect for TDS compliance.
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