TDS on LTA to Employees: ITAT deletes penalty for failure to deduct TDS against Canara Bank [Read Order]

The Income Tax Appellate Tribunal (ITAT) Bangalore Bench deleted the  penalty for failure to deduct tax at source (TDS) against Canara Bank. The Assessee, M/s. Canara Bank is a nationalised bank, carrying on banking business against different orders of respective CIT(A), Bengaluru, arising out of common order. The issues involved in all the appeals are […]

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