https://www.taxtmi.com/circulars?id=9583 Fraudulent refund claims were made using bogus tax deducted at source certificates and by failing to deposit TDS within statutory periods. The directive identifies deficiencies: absent or perfunctory checks that tax was actually deducted on interest, that deducted tax was paid to the Central Government, and that quarterly Form No.26A and challans were filed and recorded. Assessing officers have neglected registers, return fields and verification of creditors' accounts and challans. The instruction requires reiteration of procedural checks, reconciliation of returns and challans, and maintenance of registers to prevent such fraud. en-us Thu, 10 Jan 1985 00:00:00 +0530 Tue, 07 Jun 2011 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9583 Fraudulent refund claims were made using bogus tax deducted at source certificates and by failing to deposit TDS within statutory periods. The directive identifies deficiencies: absent or perfunctory checks that tax was actually deducted on interest, that deducted tax was paid to the Central Government, and that quarterly Form No.26A and challans were filed and recorded. Assessing officers have neglected registers, return fields and verification of creditors' accounts and challans. The instruction requires reiteration of procedural checks, reconciliation of returns and challans, and maintenance of registers to prevent such fraud. Circulars Income Tax Thu, 10 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9583