https://www.taxtmi.com/caselaws?id=126831 The High Court of Delhi addressed the issue of allowing credit for TDS mistakenly deducted by Mahindra and Mahindra Limited in the assessment year 2001-2002. The Tribunal affirmed the Commissioner of Income Tax (Appeals)'s decision to refund the excess TDS amount deducted by Mahindra and Mahindra. The Tribunal directed the Assessing Officer to credit the entire TDS amount against the assessable tax for that year. The department's contention that the corresponding income was not offered for tax was dismissed, as the amount received and paid could not be considered as the assessee's income. The appeal was ultimately dismissed as no substantial question of law arose. en-us Fri, 05 Feb 2010 00:00:00 +0530 Mon, 28 Jan 2013 18:51:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126831 The High Court of Delhi addressed the issue of allowing credit for TDS mistakenly deducted by Mahindra and Mahindra Limited in the assessment year 2001-2002. The Tribunal affirmed the Commissioner of Income Tax (Appeals)'s decision to refund the excess TDS amount deducted by Mahindra and Mahindra. The Tribunal directed the Assessing Officer to credit the entire TDS amount against the assessable tax for that year. The department's contention that the corresponding income was not offered for tax was dismissed, as the amount received and paid could not be considered as the assessee's income. The appeal was ultimately dismissed as no substantial question of law arose. Case-Laws Income Tax Fri, 05 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126831