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Income Tax - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Denying credit for tax deducted at source in the hands of ...

Case Laws     Income Tax

April 25, 2020

Denying credit for tax deducted at source in the hands of company - income is credited to the bank account held in the name of one of the director, credit for TDS in respect of the additional incentive is reflected in the Form 26AS of the director - it would be grossly unfair and unjust to deny the assessee the credit of TDS where the corresponding income has been assessed in its hand - AT

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