Case Law Analysis
|Income Tax Appellate Tribunal
Section 194IA | Inadvertent PAN Error in Form 26QB Does Not Deny TDS Credit When Tax Is Properly Paid : ITAT Ahmedabad
When a buyer mistakenly enters their own PAN in the seller’s column on Form 26QB, the ITAT rules that TDS credit cannot be denied if the tax was duly deposited and no double claim exists. This protects purchasers from administrative penalties due to clerical errors, reinforcing that substance must prevail over form in tax compliance.