Tax Guru

TDS Credit Cannot Be Denied Due to Reporting Mismatch

The dispute concerned denial of TDS credit citing inconsistencies in reported transaction values. The ruling clarified that ...
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TDS mismatch in Form 26AS: Income Tax Department withholds Rs 1.5 crore tax refund - how taxpayer approached High Court and won case

Not getting an income tax refund due to TDS mismatch in Form 26AS? A new Allahabad High Court ruling may work in your favour. The Allahabad High Court has issued a ruling on October 8, 2025, clearly ...

Economic Survey’s ‘real-time TDS’ pitch: faster credits in 26AS, better cash returns

Economic Survey suggests real-time TDS remittance by banks instead of batches, and a treasury manager to invest short-term ...
Business Today

TDS mismatch can’t cost you Rs 1 crore: ITAT Mumbai quashes tax demand on Form 26AS

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 ...
Mint

What is the purpose of form 26AS while filing an income tax return? We explain

As the last date to file income tax return (ITR) looms closer, tax payers are busy arranging the documents in time to avoid breaching the July 31 deadline. The key documents that are needed to file an ...
The Financial Express

Ignoring mismatch notice may result in a tax demand

Taxpayers are increasingly getting system-generated intimations under Section 143(1)(a) for discrepancies in returns filed and annual information statement (AIS) or Form 26AS. They must respond by ...