Payment of TDS would relate back to the date of presentation of cheques to the banker: ITAT directes TDS-CPC to re-compute interest payable by Standard Chartered Bank

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that payment of TDS would relate back to the date of presentation of cheques to the banker and directed  TDS-CPC to re-compute interest payable by Standard Chartered Bank. The assessee, Standard Chartered Bank received an intimation under section 154 of Act, 1961 from TDS-CPC vide order […]

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