https://www.taxtmi.com/article/detailed?id=2012 The scheme centralizes processing of TDS statements to detect arithmetical errors and incorrect claims, compute interest on adjusted sums, determine amounts payable or refundable after adjusting prior payments, and issue electronic intimations within a statutory one year limit. Deductors must file correction statements electronically with prescribed verification; Centralized Processing Cells may call for clarifications, amend intimations via rectification, effect refunds under rectification provisions, serve communications electronically, and follow procedures and standards prescribed by the Director General. en-us Tue, 22 Jan 2013 07:49:07 +0530 Tue, 22 Jan 2013 07:49:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2012 The scheme centralizes processing of TDS statements to detect arithmetical errors and incorrect claims, compute interest on adjusted sums, determine amounts payable or refundable after adjusting prior payments, and issue electronic intimations within a statutory one year limit. Deductors must file correction statements electronically with prescribed verification; Centralized Processing Cells may call for clarifications, amend intimations via rectification, effect refunds under rectification provisions, serve communications electronically, and follow procedures and standards prescribed by the Director General. Articles Income Tax Tue, 22 Jan 2013 07:49:07 +0530 https://www.taxtmi.com/article/detailed?id=2012