TDS Not Deposited? Can You Still Claim TDS Credit?
TDS Not Deposited? Can You Still Claim TDS Credit? ITAT clarifies that if TDS is deducted but not deposited by the employer, the employee (deductee) cannot be penalized. Two Powerful ITAT Judgments Now Make the Answer Clear: Recent decisions from the Income Tax Appellate Tribunal have reinforced a major protection for taxpayers: TDS credit cannot be …