https://www.taxtmi.com/acts?id=10420 Credit for tax deducted at source and paid to the Central Government is allowed to the person to whom payment is made or credit is given, on the basis of deduction information furnished by the deductor. Where the income is assessable in the hands of another person, credit is given to that other person if the deductee files the required declaration and the deductor reports the deduction in that person's name. Credit is allowed for the assessment year in which the income is assessable, or apportioned across years where income is assessable over more than one year. en-us Wed, 18 Mar 2009 00:21:32 +0530 Wed, 20 May 2026 16:12:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10420 Credit for tax deducted at source and paid to the Central Government is allowed to the person to whom payment is made or credit is given, on the basis of deduction information furnished by the deductor. Where the income is assessable in the hands of another person, credit is given to that other person if the deductee files the required declaration and the deductor reports the deduction in that person's name. Credit is allowed for the assessment year in which the income is assessable, or apportioned across years where income is assessable over more than one year. Act-Rules Income Tax Wed, 18 Mar 2009 00:21:32 +0530 https://www.taxtmi.com/acts?id=10420