ITAT Mumbai quashes ₹1 crore tax demand over TDS mismatch, reaffirms protection under section 205

This article describes an ITAT Mumbai ruling that quashed a ₹1 crore tax demand arising from a TDS mismatch, by upholding the safeguard under Section 205 (protection for credit mismatch). The Tribunal held that demand is not sustainable merely on mismatch without giving the taxpayer adequate opportunity to reconcile or verify. The decision reinforces procedural fairness in TDS disputes.