Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Denial of TDS Credit Due to Form 26AS Mismatch: ITAT Directs AO to Verify Taxpayer Receipt and Allow Full Credit
The ITAT has directed an AO to verify a "taxpayer's receipt and allow full credit," ruling that a "denial of TDS credit due to a Form 26AS mismatch" is not valid. The tribunal's decision provides a significant victory for the taxpayer. The ruling clarifies that a tax authority cannot deny a TDS credit to a taxpayer for a mere technicality.