In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax demand raised solely due to a TDS mismatch in Form 26AS, reaffirming that Section ...
A Mumbai-based taxpayer faced a Rs 1 crore tax demand after the income tax department’s centralised processing centre (CPC) denied him TDS credit of Rs 96 lakh, Economic Times reported. Despite ...