ITAT Mumbai ruled that relief under the first proviso to Section 201(1) is available if Form 26A certifying the deductee’s tax payment is furnished. As the buyer obtained the certificate post-appeal, ...

Did you know that an excess amount of cash withdrawal from a bank or post office can lead to deduction of TDS? This deduction kicks in when the sum withdrawn is higher than the permitted threshold.

CII noted that tax litigation continues to burden businesses, with more than five lakh appeals involving nearly ₹18 lakh ...