An assessment was made u\/s 144 read with s.147 as the assessee did not file any return nor complied to any notices. While determining tax payable the AO did not allow credit for TDS and TCS. The rectification application filed u\/s 154 to allow credit is not considered verbally saying that the TCS \/ TDS is not being allowed to be given credit to in case where no return is filed. The assessee filed VsV declaration for full tax demand and accordingly Form 3 has been issued asking full payment of taxes. When filing Form 4 here also the assessee is not allowed to make claim of credit for TDS \/ TCS as it allows furnishing details of paid challans only. What is the remedy available to the assessee is such a case ? Kindly guide. Thanks<\/p>\n","protected":false},"excerpt":{"rendered":"
An assessment was made u\/s 144 read with s.147 as the assessee did not file any return nor complied to any notices. While determining tax payable the AO did not allow credit for TDS and TCS. The rectification application filed u\/s 154 to allow credit is not considered verbally saying that the TCS \/ TDS is not being allowed to be given credit to in case where no return is filed. The assessee filed VsV declaration for full tax demand and accordingly Form 3 has been issued asking full payment of taxes. When filing Form 4 here also the assessee is not allowed to make claim of credit for TDS \/ TCS as it allows furnishing details of paid challans only. What is the remedy available to the assessee is such a case ? Kindly guide. Thanks<\/p>\n