UPDATES:

1.  For Assessment Year 2011-2012, no TDS checking if difference <5000. For zero TDS matching etc., credit after verification. Income Tax Instruction 4/2012 of 25-05-2012.

2  Finance Bill 2012 becomes Finance Act 2012 on 28-05-2012 with 

Honorable President assent to it.  Provisions applicable from passing 

of budget applicable w.e.f. 28-05-2012.