Relief to Reliance Infra: ITAT Allows TDS Credit of Rs. 40.43 Crore as Deducted by Tata Power on Payment to Adani Electricity on Transfer of Business
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has granted relief to Reliance Infrastructure by allowing the Tax Deducted at Source (TDS)...
![Denial of TDS Credit on Mistake or Misconception of Assessee is Impermissible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Denial-of-TDS-Credit-TDS-Credit-Mistake-Misconception-TDS-Credit-on-Mistake-or-Misconception-Assessee-Impermissible-ITAT-Income-Tax-taxscan.jpg "Denial of TDS Credit on Mistake or Misconception of Assessee is Impermissible: ITAT [Read Order]")
![ITAT Orders full TDS Credit after AO withdraws TDS Benefit on Advance Rent and Fails to carry forward for 20 years [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-TDS-credit-AO-withdraws-TDS-on-advance-rent-TAXSCAN.jpg "ITAT Orders full TDS Credit after AO withdraws TDS Benefit on Advance Rent and Fails to carry forward for 20 years [Read Order]")
![TDS Credit cannot be Denied when Form 26AS along with Reconciliation of Income as per Books are Produced before AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/TDS-Credit-TDS-Form-26AS-Income-ITAT-taxscan.jpg "TDS Credit cannot be Denied when Form 26AS along with Reconciliation of Income as per Books are Produced before AO: ITAT [Read Order]")
Assessee can’t Suffer due to Delay on the part of Deductor in Updating PAN of Legal Heir: ITAT Allows TDS Credit [Read Order]
The Income Tax Appellate Tribunal (ITAT), Amritsar, has recently, in an appeal filed before it, while allowing TDS credit, held that the assessee cannot suffer due to the delay on part of the...
![Assessee can’t Suffer due to Delay on the part of Deductor in Updating PAN of Legal Heir: ITAT Allows TDS Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Assessee-PAN-of-Legal-Heir-ITAT-TDS-TDS-Credit-taxscan.jpg "Assessee can’t Suffer due to Delay on the part of Deductor in Updating PAN of Legal Heir: ITAT Allows TDS Credit [Read Order]")
TDS Credit shall be given for the Assessment year for which such Income is Assessable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmadabad Bench, has recently, in an appeal filed before it, held that TDS credit shall be given for the assessment year for which such income is assessable....
![TDS Credit shall be given for the Assessment year for which such Income is Assessable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/TDS-Credit-Assessment-Income-ITAT-TAXSCAN.jpg "TDS Credit shall be given for the Assessment year for which such Income is Assessable: ITAT [Read Order]")
![RPC Fee is Additional Income by Formula One, Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/RPC-Fee-Additional-Income-by-Formula-One-ITAT-Formula-One-Formula-One-World-Championship-Ltd-Income-Tax-taxscan.jpg "RPC Fee is Additional Income by Formula One, Taxable: ITAT [Read Order]")
TDS Credit cannot be Denied to Developer following Percentage Completion Method If Buyer Deducted Tax at the Time of Execution of Sale Deed: ITAT [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal recently held Tax Deduction at Source could not be denied to developer following percentage completion method if buyer deducted Tax at the time of...
![TDS Credit cannot be Denied to Developer following Percentage Completion Method If Buyer Deducted Tax at the Time of Execution of Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/TDS-Credit-TDS-Developer-Buyer-Execution-of-Sale-Deed-Sale-Deed-Percentage-Completion-Method-Income-Tax-ITAT-taxscan.jpg "TDS Credit cannot be Denied to Developer following Percentage Completion Method If Buyer Deducted Tax at the Time of Execution of Sale Deed: ITAT [Read Order]")
Credit Not Allowable on TDS Deducted on Receipt of Amount of Advance If Corresponding Income was Not Offered to Tax: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the credit will not be allowable on Tax Deduction at Source (TDS) deducted on receipt of amount of advance if the...
![Credit Not Allowable on TDS Deducted on Receipt of Amount of Advance If Corresponding Income was Not Offered to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/TDS-Credit-TDS-TDS-Deducted-Receipt-of-Amount-of-Advance-Amount-of-Advance-Income-Tax-Income-Tax-ITAT-taxscan.jpg "Credit Not Allowable on TDS Deducted on Receipt of Amount of Advance If Corresponding Income was Not Offered to Tax: ITAT [Read Order]")
![Genuine Claim of Loss of Documents due to Flood: ITAT Allows TDS Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Genuine-Claim-Loss-of-Documents-Flood-ITAT-TDS-Credit-TDS-taxscan-.jpg "Genuine Claim of Loss of Documents due to Flood: ITAT Allows TDS Credit [Read Order]")
![ITAT allows TDS Credit for Assessment Year for Which Income is Assessable [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/ITAT-Income-Tax-TDS-Credit-TDS-Assessment-Year-Income-taxscan-.jpg "ITAT allows TDS Credit for Assessment Year for Which Income is Assessable [Read Order]")