TDS credit: Assessing Officer must grant credit when the deductor has deposited the tax, after verification. Assessing Officers must grant TDS credit when an assessee produces a TDS certificate and the AO verifies that the deductor has deposited the tax to the Government account; the AO may consult the relevant TDS AO and, if necessary, issue a notice to the deductor to compel filing of a correction statement as per procedure.