Denial of credit of TDS - Tax deducted by the Tenant should be ...
Assessee Wins TDS Credit Case: Rent Income Tax Refund Approved After AO and CIT(A) Denial Reversed.
May 19, 2020
Case Laws Income Tax AT
Denial of credit of TDS - Tax deducted by the Tenant should be granted as refund to the assessee as rent collected is its income in hands of the assessee and rent paid to the Government is its expenses. AO as well as the CIT(A) was not right in denying the credit of TDS to the assessee.
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