Income Tax Update: Form 26AS set to display only TDS/TCS Data for AY 2023-24, Other taxes and Refunds to be available in AIS
In a recent update, the income tax e-portal will show only Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) data in the Form 26AS. All...
![AO cannot Suspect Genuineness of Parties Once TDS Element is Reflected in Form 26AS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/TDS-Element-TDS-Form-26AS-ITAT-Taxscan.jpg "AO cannot Suspect Genuineness of Parties Once TDS Element is Reflected in Form 26AS: ITAT [Read Order]")
![ITAT allows TDS Credit for Assessment Year for Which Income is Assessable [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/ITAT-Income-Tax-TDS-Credit-TDS-Assessment-Year-Income-taxscan-.jpg "ITAT allows TDS Credit for Assessment Year for Which Income is Assessable [Read Order]")
![Bonafide belief in eligibility of Exemption being Governmental work: CESTAT sets aside Service Tax demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Bonafide-belief-Exemption-Governmental-work-CESTAT-Customs-Excise-Service-Tax-Service-Tax-demand-taxscan.jpg "Bonafide belief in eligibility of Exemption being Governmental work: CESTAT sets aside Service Tax demand [Read Order]")
Form 26AS can be taken for computing TDS Credit instead of Form 16A: Calcutta HC upholds order of ITAT [Read Order]
A Division Bench of Calcutta High Court has recently upheld the observation of the Income Tax Appellate Tribunal (ITAT) that Form 26AS can be used for the computation of Tax Deducted at Source (TDS)...
![Form 26AS can be taken for computing TDS Credit instead of Form 16A: Calcutta HC upholds order of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Form-26AS-computing-TDS-Credit-Form-16A-Calcutta-HC-ITAT-TDS-Credit-TDS-taxscan.jpg "Form 26AS can be taken for computing TDS Credit instead of Form 16A: Calcutta HC upholds order of ITAT [Read Order]")
![Mistake of Including Service Tax paid on Rent in Form 26AS can be Rectified: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Service-Tax-Rent-Form-26AS-ITAT-Tax-taxscan.jpg "Mistake of Including Service Tax paid on Rent in Form 26AS can be Rectified: ITAT [Read Order]")
Enhancing Book Profit for amount disallowed u/s14A not a mistake apparent on record, cannot be rectified by Rectification Order: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that Enhancing book profit for amount disallowed under Section 14A of the Income Tax, 1961 is not a mistake apparent on record, cannot...
![Enhancing Book Profit for amount disallowed u/s14A not a mistake apparent on record, cannot be rectified by Rectification Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/rectification-order-ITAT-TAXSCAN.jpg "Enhancing Book Profit for amount disallowed u/s14A not a mistake apparent on record, cannot be rectified by Rectification Order: ITAT [Read Order]")
Service Tax Demand due to Mismatch in Form 26AS & STR: CESTAT quashes Order since Tax was paid in Next Year [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi bench, has quashed a service tax demand due to mismatch in the form 26AS and Service Tax returns considering the fact that the...
![Service Tax Demand due to Mismatch in Form 26AS & STR: CESTAT quashes Order since Tax was paid in Next Year [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Service-Tax-Demand-STR-CESTAT-taxscan.jpg "Service Tax Demand due to Mismatch in Form 26AS & STR: CESTAT quashes Order since Tax was paid in Next Year [Read Order]")
Mismatch in BoA and Form 26AS: ITAT restricts Addition only on Embedded Portion of Profit [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi has held that the addition due to mismatch between the Books of Accounts and Form 26AS can be made only on the embedded portion of the profit. The...
![Mismatch in BoA and Form 26AS: ITAT restricts Addition only on Embedded Portion of Profit [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Boa-Form-26AS-ITAT-Profit-taxscan.jpeg "Mismatch in BoA and Form 26AS: ITAT restricts Addition only on Embedded Portion of Profit [Read Order]")