https://www.taxtmi.com/acts?id=19621 The provision requires processing of TCS statements by correcting arithmetical errors and incorrect claims apparent from the statement, computing interest on the corrected collectible sums and any statutory fee, determining net payable amounts or refunds after adjusting prior payments, and issuing an intimation to the collector specifying the amount payable or refundable. No intimation shall be sent after one year from the end of the financial year in which the statement is filed. The Board may establish a centralised processing scheme to expedite these determinations. en-us Thu, 07 May 2015 14:14:58 +0530 Sat, 09 May 2015 12:30:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19621 The provision requires processing of TCS statements by correcting arithmetical errors and incorrect claims apparent from the statement, computing interest on the corrected collectible sums and any statutory fee, determining net payable amounts or refunds after adjusting prior payments, and issuing an intimation to the collector specifying the amount payable or refundable. No intimation shall be sent after one year from the end of the financial year in which the statement is filed. The Board may establish a centralised processing scheme to expedite these determinations. Act-Rules F. Acts / Amendment Acts Thu, 07 May 2015 14:14:58 +0530 https://www.taxtmi.com/acts?id=19621