Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT
August 29, 2026
Income Tax, ITAT
Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make it unexplained income. In a recent judgment, ITAT has held that merely, because TDS has not been deducted on a particular transaction does not change the character of …
