Export obligation removed by notification, customs duty demand invalidated; penalties under s.112 and s.114AA quashed due to inadmissible s.108 statem...
Customs officers must wear and use department-issued body-worn cameras when clearing passenger baggage, with daily secure transfer and 30-day retentio...
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The ITAT allowed the appeal and directed the AO to grant credit for TDS deducted though reported under the PAN of an erstwhile partnership, finding the income was offered and assessed in the hands of the assessee company, the partnership has not claimed the credit, and the Revenue has received the tax. Relying on Section 199 read with Rule 37BA, the Tribunal held that denial of credit due to deductor's reporting error would occasion impermissible double taxation and frustrate the statutory purpose of TDS. Grant of credit is subject to verification that the partnership has not claimed the said TDS in its return.
The ITAT allowed the appeal and directed the AO to grant credit for TDS deducted though reported under the PAN of an erstwhile partnership, finding the income was offered and assessed in the hands of the assessee company, the partnership has not claimed the credit, and the Revenue has received the tax. Relying on Section 199 read with Rule 37BA, the Tribunal held that denial of credit due to deductor's reporting error would occasion impermissible double taxation and frustrate the statutory purpose of TDS. Grant of credit is subject to verification that the partnership has not claimed the said TDS in its return.
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