ITAT allowed the assessee's appeal regarding TDS credit denial....

ITAT allowed the assessee's appeal regarding TDS credit denial. The AO erroneously granted proportionate TDS credit despite the assessee offering total income for the assessment year. The turnover discrepancy between Form 26AS and books was explained through sales returns. When considering sales returns, the declared turnover matched Form 26AS turnover with TDS credit under section 194O. CIT(A) rejected the assessee's explanation based on assumptions that sales returns required replacement goods or gross refunds including TDS. ITAT held that e-platform operators deducted TDS at sale time while returning net amounts to buyers post-TDS deduction. CIT(A)'s rejection was based on presumptions rather than factual analysis, warranting reversal of the lower authorities' decisions.