TDS credit - there was no reflection of TDS amount in Form No. ...

October 13, 2023

Case Laws Income Tax AT

TDS credit - there was no reflection of TDS amount in Form No. 26AS - It is, ergo, abundantly clear from the mandate of Rule 37BA (3) (i) that the benefit of TDS is to be given for the assessment year for which the corresponding income is assessable. Since the income, on which tax was deducted at source, is patently assessable in the year under consideration, we hold that the benefit of the TDS should also be allowed in the same year - AT

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TDS credit - there was no reflection of TDS amount in Form No. ...

October 13, 2023

Case Laws Income Tax AT

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