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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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 withholding legitimate refunds, shifting the verification burden to them. What's Your Reaction?
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