Hi All,
I got the following mail from nsdl.
Can you please what does it mean? please help
Thanks
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Directorate of Income Tax (Systems)
New Delhi

Dear Tax Payer,

  Subject: Tax Credits available in the Annual Tax Statement for A.Y.2008-09

The Income Tax Department (ITD) has started transmitting the Annual Tax
Statement of taxpayers as a part of its citizen centric exercise. The object
is to give you feedback regarding the tax credits as reported by the tax
deductors/collectors besides showing taxes deposited by way of self
assessment tax, advance tax etc.  This statement is also relied upon by the
ITD while giving tax credit at the time of processing of the Income Tax
returns. The procedure for creation of this Annual Tax Statement is in
accordance with section 203 AA of the I.T. Act, 1961 or the second proviso
to sub section (5) of section 206C of the I.T. Act, 1961.
2.   The purpose of undertaking this exercise is to ensure that the tax
credit available is   complete, correct and up to date. Your Annual Tax
Statement for A.Y. 2008-09 (Financial Year 01.04.2007 to 31.03.2008) is
enclosed herewith. The tax credit reflected in such statement may increase
or decrease in case the deductor revises the information/updates the
information or files the TDS returns after finalization of Form 26AS (Annual
Tax Statement).
3.  In case of missing entries or entries against which 'unmatched' is
indicated, you are advised to contact your deductor immediately and
ascertain whether the deductor has either
            i) erred in quoting the correct PAN or not quoted your PAN; or
            ii) not filed the TDS return; or
iii) has not paid the required TDS to Government account.

3.1 In such a case, you may approach the deductor and persuade the deductor
to rectify the deficiencies. Kindly note that the tax statement will be the
basis for giving you tax credits. Hence, absence of tax credit will bind the
Officer to adhere to the tax credit available.
4.   Tax Credits appearing in the Annual Tax Statement are on the basis of
the details given by the deductor in the TDS/TCS statement filed  by him.
The same should be verified before claiming tax credit and only the amount
which pertains to you should be claimed.

5.   From the current financial year onwards you can also view your tax
credits by  undertaking a one time registration. Detailed procedure for
registration is available at www.incometaxindia.gov.in and www.tin-nsdl.com.

6.  To open the statement, please enter the date of birth in case of
individual tax payers and the date of incorporation for non-individual tax
payers as password in the format of DDMMYYYY. For example, if your date of
birth / incorporation is January 1, 1985 then the password will be 01011985.

6.1 The date of birth / incorporation should be same as furnished to the
Department and available in the Income Tax Department PAN master (as printed
on the PAN card).
6.2 To open the file all you need is Adobe Acrobat Reader version 5.0 or
above. If you do not have Adobe Acrobat Reader, please click on this link
www.adobe.com/products/acrobat/readstep2.html to download. Please note that
you will not be able to open this file or view the file properly with any
version lower than Adobe Acrobat Reader 5.0.
7.    For queries on the issue you may contact TIN Call Centre at
     Tel.: 91-20-2721 8080
     Fax: 91-20-2721 8081
     Email: [email protected]
 The tax statement is in the attached PDF file with your PAN as the file
name.

This is a system generated mail. Please do not reply back to this email ID.
Further communication on this matter could be sent on [email protected]

For and on behalf of
The Income Tax Department

-- 
Regds
Prabhu
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