The Central Board of Direct Taxes, CBDT has clarified that certain news items regarding en masse issue of prosecution notices to small companies for TDS default are completely misleading and full of factual inaccuracies. <br />''<br />''In a statement, CBDT said that Mumbai Income Tax TDS office has issued prosecution Show Cause Notices only in a limited number of big cases where more than five lakh rupees of tax was collected as TDS from employees but not deposited with the Income Tax Department in time.<br />''<br />''It said, some defaulter companies and vested interests are deliberately misleading the media to thwart action against themselves.<br />''<br />