Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ...
Form 26AS and AIS are important for taxpayers for accurate tax filings, detailing income and transactions. Errors in these ...
The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...
A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...
The Allahabad High Court, in U.P. Rajya Nirman Sahakari Sangh Limited vs Union of India, quashed a tax recovery notice, holding that an assessee must be given credit for Tax Deducted at Source (TDS) ...
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 ...
Allahabad High Court ruled that a taxpayer cannot be denied credit or refund for TDS merely due to a mismatch in Form 26AS.
"Individuals evade reporting by quoting incorrect, invalid, or fictitious PANs, or those belonging to others, to conceal ...
Frequent or high-value transactions in savings accounts are increasingly being tracked by the Income-tax Department, as ...
Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.
Filed your ITR but still waiting for your refund? Even after ‘Processed’ status, many taxpayers face delays — from wrong bank ...