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TDS certificate verification now discretionary; assessments permitted when tax quantum, deductor/deductee credibility or circumstances warrant. The instruction withdraws any fixed percentage requirement for cross verification of TDS certificates. Assessing Officers may verify certificates at their discretion where the quantum of tax, the credibility of the deductor or deductee, or the circumstances of the case warrant such verification, and Chief Commissioners need not prescribe a uniform sampling rate.
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Provisions expressly mentioned in the judgment/order text.
TDS certificate verification now discretionary; assessments permitted when tax quantum, deductor/deductee credibility or circumstances warrant.
The instruction withdraws any fixed percentage requirement for cross verification of TDS certificates. Assessing Officers may verify certificates at their discretion where the quantum of tax, the credibility of the deductor or deductee, or the circumstances of the case warrant such verification, and Chief Commissioners need not prescribe a uniform sampling rate.
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