TDS Violation Demand Order Issued in Name of Previous Company Rectifiable U/S 292B of IT Act: Delhi HC

The Delhi High Court ruled that a demand order for Tax Deducted at Source (TDS) violations issued in the name of a previous company is rectifiable under Section 292B of the Income Tax Act. The court found that the error in addressing the demand order does not invalidate the proceedings and can be corrected. This ruling highlights the flexibility provided by Section 292B for rectifying procedural mistakes in tax orders. It underscores the importance of addressing errors promptly to ensure accurate and fair tax compliance.