TDS deducted but not paid by the deductor? TDS credit disallowed on account of non-payment by the deductor?
Section 205 – A ray of hope……
Vikas Aggarwal (assessee) Vs. ITO Ward – 41(1), New Delhi (Assessing officer)
ITAT, Delhi Bench, Appeal no. 8648/Del/2019
A.Y 2014-15
Assessee represented by Sh. Vishnu Bhagwan Aggarwal (CA)
AO was directed not to take any recovery action for the outstanding tax liability keeping in mind the mandate of a CBDT circular issued in light of the provision of Section 205 of Income Tax Act, 1961.
