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Income Tax - Highlights / Catch Notes

Home Highlights July 2021 Year 2021 This

Not allowing credit of TDS - assessee has submitted that he ...

Case Laws     Income Tax

July 13, 2021

Not allowing credit of TDS - assessee has submitted that he mistakenly registered itself as ‘local authority’ with the Income Tax department (PAN) and not as ‘association of persons’, therefore, the TDS amount claimed in the return of income has been denied to the assessee - If the assessee by mistake has wrongly registered itself under a wrong category that does not mean that the said mistake is not curable or that the assessee is to be punished for its bona fide mistakes - AT

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