Tuesday, June 19, 2018

No Penalty if Assessee Wrongly mentioned PAN in place of TAN in TDS Challan: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT) Lucknow on May 2nd came into the rescue of an assessee who were penalized for mentioning PAN in place of TAN in TDS challan. The assessee, M/s Umatech, deposited TDS on a non-TDS challan and PAN number was mentioned in place of TAN number. Mainly because of this technical […]

The post No Penalty if Assessee Wrongly mentioned PAN in place of TAN in TDS Challan: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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