Income-tax (10th Amendment) Rules, 2019 - Credit of TDS to be given to the person from whose account tax is deducted, in the year in which such amount is deducted. - 74/2019 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Credit of TDS allocated to the account holder where tax is deducted, in the assessment year of deduction. The amendment inserts a sub-rule into rule 37BA providing that credit for tax deducted at source under the relevant provision shall be given to the person from whose account tax is deducted and paid to the Central Government account, for the assessment year relevant to the previous year in which such tax deduction is made, with retrospective effect from 1 September 2019.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Credit of TDS allocated to the account holder where tax is deducted, in the assessment year of deduction.
The amendment inserts a sub-rule into rule 37BA providing that credit for tax deducted at source under the relevant provision shall be given to the person from whose account tax is deducted and paid to the Central Government account, for the assessment year relevant to the previous year in which such tax deduction is made, with retrospective effect from 1 September 2019.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
