Credit of tax on the basis of challans not traceable.

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....onnected. The procedure and the difficulties were explained. F.S. felt that if Income-tax Officers could deal with the matters systematically the position should improve." 2. There are two main reasons for not giving credit for the tax paid by the assessees: (i) the non-placement of the available challans on the files, and (ii) the untraceability of challans. As a result the arrear demand remains....