CBDT Instruction No. 01/2012 [F.NO.225/34/2011-ITA.II], dated 2-2-2012
Due to the TDS verification problem (i.e, mismatch of TDS claim with 26 AS) CBDT has issued following directions for easier processing of returns for the A.Y. 2011-12
i) In all returns (ITR-1 to ITR-6), where the difference between the TDS claim and matching TDS amount reported in 26-AS data does not exceed Rs. One Lac, the TDS claim may be accepted without verification.
ii) Where there is zero TDS matching, TDS credit shall be allowed only after due verification. However, in case of returns of ITR-1 and ITR-2, credit may be allowed in full, even if there is zero matching, if the total TDS claimed is Rs. Five thousand or lower.
iii) Where there are TDS claims with invalid TAN, TDS credit for such claims are not to be allowed.
iv) In all other cases, TDS credit shall be allowed after due verification.
Source : Internet
