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Income Tax - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Denial of TDS credit - TDS is not reflected in Form No. 26AS of ...


Assessee Entitled to TDS Credit After Updated Form 26AS Reflects Accurate Amount; Grievance with CPC Resolved.

December 7, 2023

Case Laws     Income Tax     AT

Denial of TDS credit - TDS is not reflected in Form No. 26AS of the assessee - Credit of TDS which was not deductible - We find from updated Form 26AS of the assessee, the very same TDS figure of Rs. 10,80,720/- is duly reflected and hence grievance of the CPC has been duly met. Hence, as per rule 37BA for the Income Tax Rules, the assessee shall be entitled for TDS credit - Credit allowed - AT

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