Food import sampling requirements support provisional release where unseized consignments conform to standards and raw areca classification is unestab...
Diagnostic microcuvette classification follows sole-use analytical function, placing specialised disposable cuvettes with their analyser rather than g...
Customs Broker licensing proceedings fail when their offence-report foundation collapses and authorisation, advisory, and KYC duties remain unbreached...
Tariff classification of Digital Axle Counters affirmed as electro-mechanical railway signalling equipment, eliminating duty, confiscation and penalty...
Revenue authorities cannot restrict tax deducted at source (TDS) credit based on assessee's original income tax return. When refund arises from appellate order, assessing officer must grant full TDS credit reflected in Form 26AS, along with applicable interest u/s 244A from April 1 of relevant assessment year. TDS deposited is treated as tax paid u/s 199, entitling assessee to interest. Assessing officer cannot limit TDS credit to return disclosures while giving effect to appellate order. Restricting legitimate TDS credit is illegal and inequitable. High Court quashed impugned order, directing revenue to allow full TDS credit per Form 26AS and recompute refund accordingly.
Revenue authorities cannot restrict tax deducted at source (TDS) credit based on assessee's original income tax return. When refund arises from appellate order, assessing officer must grant full TDS credit reflected in Form 26AS, along with applicable interest u/s 244A from April 1 of relevant assessment year. TDS deposited is treated as tax paid u/s 199, entitling assessee to interest. Assessing officer cannot limit TDS credit to return disclosures while giving effect to appellate order. Restricting legitimate TDS credit is illegal and inequitable. High Court quashed impugned order, directing revenue to allow full TDS credit per Form 26AS and recompute refund accordingly.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
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