https://www.taxtmi.com/caselaws?id=123006 The ITAT dismissed the revenue's appeal, ruling that the TDS amount did not constitute taxable income for the assessee. The judgment emphasized the difference between TDS collection and actual taxable income, highlighting that TDS deduction does not automatically mean taxable income for the recipient. The decision was supported by legal principles and case law, affirming that the revenue's claim lacked legal merit. en-us Tue, 31 Aug 2010 00:00:00 +0530 Fri, 08 Sep 2023 16:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123006 The ITAT dismissed the revenue's appeal, ruling that the TDS amount did not constitute taxable income for the assessee. The judgment emphasized the difference between TDS collection and actual taxable income, highlighting that TDS deduction does not automatically mean taxable income for the recipient. The decision was supported by legal principles and case law, affirming that the revenue's claim lacked legal merit. Case-Laws Income Tax Tue, 31 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123006