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of <h1>Appeal allowed: TDS credit to be restored where 26AS shows deduction and taxpayer offered corresponding income; AO to verify.</h1> <h3>Siddapura Taluka Agricultural Produces Co-op. Marketing Society Ltd. Versus ITO Ward-1 Sirsi</h3> Siddapura Taluka Agricultural Produces Co-op. Marketing Society Ltd. Versus ITO Ward-1 Sirsi - TMI Appeal arising from CIT(A) order for AY 2022-23 challenges CPC's denial of TDS credit claimed in the return. Assessee relied on Form 26AS showing the TDS entries; Revenue relied on a perceived mismatch between gross receipts in Form 26AS and receipts disclosed under 'income' in the return. Tribunal observed that the Form 26AS contains the claimed TDS and that the CPC denied credit because 'the gross receipt shown in 26AS are higher than the total of the receipts shown under the head of 'income' in the return of income' leading to a mismatch. Tribunal reiterated the settled principle that 'an assessee is entitled for the credit of TDS when it has offered the corresponding income for taxation.' Matter is restored to the jurisdictional Assessing Officer (JAO) to examine the TDS claim; AO is directed to allow the TDS credit if the assessee has offered the corresponding income for taxation, after granting the assessee sufficient opportunities. Appeal allowed.
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