Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
ITAT affirmed CIT(A)'s directive to grant TDS credit per Form 26AS despite taxpayer's initial failure to claim full credit in tax return due to software technical issues. Taxpayer had deducted Rs. 1,32,68,202 but system only uploaded Rs. 52,95,646. AO was instructed to verify and allow credit under Section 199 as no evidence suggested incomplete tax deposit. However, ITAT rejected taxpayer's claim for interest on delayed refund since taxpayer hadn't initially claimed full credit or promptly notified authorities about technical issues. Tribunal emphasized that taxpayers shouldn't face harassment due to technical glitches while maintaining proper verification procedures for tax credits.
ITAT affirmed CIT(A)'s directive to grant TDS credit per Form 26AS despite taxpayer's initial failure to claim full credit in tax return due to software technical issues. Taxpayer had deducted Rs. 1,32,68,202 but system only uploaded Rs. 52,95,646. AO was instructed to verify and allow credit under Section 199 as no evidence suggested incomplete tax deposit. However, ITAT rejected taxpayer's claim for interest on delayed refund since taxpayer hadn't initially claimed full credit or promptly notified authorities about technical issues. Tribunal emphasized that taxpayers shouldn't face harassment due to technical glitches while maintaining proper verification procedures for tax credits.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
