Hosted on MSN

PAN-Aadhaar linking update: Relief from tax demand notice due to short TDS deduction for these taxpayers

The Income Tax Department has given relief to those income tax payers who got an income tax demand notice due to short deduction of TDS and short collection of TCS from those deductors and collectors, ...
Hosted on MSN

Taxpayer wins case in ITAT Mumbai: Rs 1 crore tax demand quashed after TDS mismatch in Form 26AS

A taxpayer from Mumbai was in a tough spot when the TDS credit of Rs 96 lakh (96,12,846) was missing from his Form 26AS. Despite reporting the corresponding income in his ITR and paying the necessary ...