https://www.taxtmi.com/caselaws?id=779351 ITAT, Bangalore (AT) allowed the appeal and directed the AO to grant TDS credit to the employee within 60 days, despite the employer's non-deposit of TDS and its admission into CIRP under IBC, 2016 which creates a moratorium. The Tribunal held that TDS is an obligation of the payer but the employee cannot be denied credit where conclusive evidence of deduction is furnished; penalties/prosecution against responsible officers remain available. Decision follows prior HC rulings to the same effect. en-us Tue, 30 Sep 2025 00:00:00 +0530 Sat, 04 Oct 2025 08:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779351 ITAT, Bangalore (AT) allowed the appeal and directed the AO to grant TDS credit to the employee within 60 days, despite the employer's non-deposit of TDS and its admission into CIRP under IBC, 2016 which creates a moratorium. The Tribunal held that TDS is an obligation of the payer but the employee cannot be denied credit where conclusive evidence of deduction is furnished; penalties/prosecution against responsible officers remain available. Decision follows prior HC rulings to the same effect. Case-Laws Income Tax Tue, 30 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779351