Income Tax : ITAT Mumbai held that an employee cannot be denied TDS credit merely because the employer failed to deposit the tax deducted from ...
Income Tax : Employers must file Form 138 quarterly for salary TDS reporting. Timely filing ensures accurate tax credit to employees and avoids...
Income Tax : Form 102 provides a mechanism to claim TDS credit where deduction and income reporting occur in different years. It ensures taxpay...
Income Tax : Understand eTDS return corrections, the six-year revision limit, and challenges in claiming TDS credit. Learn how tax adjustments ...
Income Tax : Learn how the new Income Tax Rule 134 and Form 71 offer relief for taxpayers facing TDS credit mismatch. Discover the procedure, b...
Income Tax : ITAT Mumbai held that TDS credit cannot be denied where the employer deducted tax but failed to deposit it. Recovery must be made ...
Income Tax : ITAT directed the AO to verify Form 26AS and the corresponding income before deciding the TDS credit claim instead of denying it o...
Income Tax : The Tribunal ruled that tax demand cannot be raised against an employee where TDS was deducted from salary but not deposited by th...
Income Tax : The ITAT ruled that deduction of TDS does not excuse failure to file an income tax return. The decision emphasizes that income dis...
Income Tax : The key issue was whether the absence of corresponding entries in Form 26AS justified denial of TDS credit. The ITAT held that emp...
Income Tax : Instruction No. 01/2012 The issue of processing of returns for the Asst. Year 2011-12 and giving credit for TDS has been considere...
Income Tax : INSTRUCTION NO. 2/2011 The issue of processing of returns for Asst. year 2010-11 and giving credit for TDS has been considered by ...
ITAT Mumbai held that TDS credit cannot be denied where the employer deducted tax but failed to deposit it. Recovery must be made from the employer, not the employee.
ITAT directed the AO to verify Form 26AS and the corresponding income before deciding the TDS credit claim instead of denying it outright.
ITAT Mumbai held that an employee cannot be denied TDS credit merely because the employer failed to deposit the tax deducted from salary. The Tribunal directed verification of evidence and grant of full TDS credit under Section 205.
The Tribunal ruled that tax demand cannot be raised against an employee where TDS was deducted from salary but not deposited by the employer. The decision reiterates the protection available under Section 205 of the Income-tax Act.
The ITAT ruled that deduction of TDS does not excuse failure to file an income tax return. The decision emphasizes that income discovered through departmental records can attract penalty for under-reporting under Section 270A.
The key issue was whether the absence of corresponding entries in Form 26AS justified denial of TDS credit. The ITAT held that employees should not suffer adverse consequences due to the employer’s failure to comply with TDS obligations.
Mumbai ITAT held that once receipts reflected in Form 26AS are assessed as taxable income, corresponding TDS credit cannot be denied on technical grounds. The AO was directed to verify records and grant due credit.
The Tribunal ruled that a clerical mistake in quoting TAN cannot result in denial of TDS credit when Form 16 and Form 26AS clearly establish tax deduction. The decision emphasizes substance over procedural technicalities.
The Tribunal ruled that the limitation period for appeal commenced only when the assessee first received the ITBA screenshot revealing the basis of the outstanding demand.
ITAT Indore set aside the appellate order denying TDS credit after the assessee produced Form 16A and Form 26AS showing deduction and payment of tax by the deductor. The matter was remanded to the Assessing Officer for verification and grant of eligible credit.
