TDS Credit Cannot Be Denied Based Solely on Form 26AS Mismatch: Allahabad HC

U.P. Rajya Nirman Sahakari Sangh Limited Vs Union of India (Allahabad High Court) The Allahabad High Court delivered a significant judgment addressing a common point of contention between taxpayers and the Income Tax Department: the denial of credit for Tax Deducted at Source (TDS) when the amount is not accurately reflected in the taxpayer’s Form 26AS. The Background and Petitioner’s Grievance The case was filed by U.P. Rajya Nirman Sahakari Sangh Limited (the Petitioner), a Cooperative Society claiming exemption under Section 80P of the Income Tax Act, 1961. The Petitioner appr...