Employee Cannot Be Punished for Employer’s TDS Default: Bangalore ITAT

Viswanathan Ramakrishnan Vs ITO (ITAT Bangalore) Employee Cannot Be Punished for Employer’s TDS Default: Bangalore ITAT Grants BYJU’S Employee Credit for ₹67.9 Lakh TDS In a significant relief to a former BYJU’S employee, the Bangalore ITAT held that TDS credit cannot be denied to an employee merely because the employer deducted tax from salary but failed to deposit it with the Government or file the corresponding TDS returns. The assessee had disclosed salary income of about ₹1.99 crore received from Think & Learn Pvt. Ltd. (BYJU’S) and claimed TDS credit of about ₹67.92 lak...