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Income Tax Dept withheld Rs 1.5 crore refund citing Form 26AS TDS mismatch - how taxpayer approached High Court and won the case
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Income Tax Dept withheld Rs 1.5 crore refund citing Form 26AS TDS mismatch - how taxpayer approached High Court and won the case
Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ruling mandates tax authorities to accept taxpayer-provided TDS documentation, like Form 16A, for verification. This decision prevents Assessing Officers from arbitrarily ...
The presumption of taxpayer honesty should result from the actual conduct of tax offices, and not only from the regulations, says Michał Borowski, tax advisor, chairman of the Tax Committee of the Business Centre Club.
·Poland
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