https://www.taxtmi.com/caselaws?id=753922 The ITAT Mumbai allowed the assessee's appeal regarding alleged short collection of TDS. The assessee had obtained separate TANs for different locations, and lower TDS certificates were issued under one TAN while returns were filed under another. The CPC raised demand for short deduction, but ITAT held that certificates issued under Section 197 remain valid for the company regardless of having multiple TANs. The assessee had properly deducted tax at prescribed rates and complied with deposit and filing requirements. The tribunal ruled that having separate TANs does not render Section 197 certificates redundant or make the assessee defaulter, deleting the demand for tax and interest. en-us Thu, 16 May 2024 00:00:00 +0530 Wed, 12 Jun 2024 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753922 The ITAT Mumbai allowed the assessee's appeal regarding alleged short collection of TDS. The assessee had obtained separate TANs for different locations, and lower TDS certificates were issued under one TAN while returns were filed under another. The CPC raised demand for short deduction, but ITAT held that certificates issued under Section 197 remain valid for the company regardless of having multiple TANs. The assessee had properly deducted tax at prescribed rates and complied with deposit and filing requirements. The tribunal ruled that having separate TANs does not render Section 197 certificates redundant or make the assessee defaulter, deleting the demand for tax and interest. Case-Laws Income Tax Thu, 16 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753922