ITAT Remands TDS Case as Assessee Not Given Opportunity to Submit Form 15G/15H Evidence

Karnataka Grameena Bank Vs ITO (ITAT Bangalore) In Karnataka Grameena Bank vs ITO, the Income Tax Appellate Tribunal, Bangalore Bench, dealt with appeals filed by the assessee for multiple assessment years (2016–17, 2017–18, 2018–19, and 2019–20) against orders of the Commissioner of Income Tax (Appeals), which upheld TDS liability under Sections 201(1) and 201(1A) of the Income-tax Act, 1961. The assessee, a banking company, was subjected to a TDS survey to verify compliance. During assessment, the Assessing Officer found that Forms 15G/15H submitted by the assessee for non-deduction ...