https://www.taxtmi.com/caselaws?id=241648 The SC held that the ITAT's decision to recall its earlier order was incorrect. The assessee's plea regarding a mistake in the ITAT's order was accepted, allowing credit for T.D.S. by the Sikkim Government. The Tribunal's decision was upheld, stating the income was taxable under the Income Tax Act, and the T.D.S. amount was not remitted to the Government of India. The revenue department's appeals were allowed, setting aside the Tribunal's orders and restoring the Assessing Officer's original assessment without charging interest from the assessee for late payment of Income Tax. en-us Thu, 09 Aug 2012 00:00:00 +0530 Sat, 28 Dec 2013 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241648 The SC held that the ITAT's decision to recall its earlier order was incorrect. The assessee's plea regarding a mistake in the ITAT's order was accepted, allowing credit for T.D.S. by the Sikkim Government. The Tribunal's decision was upheld, stating the income was taxable under the Income Tax Act, and the T.D.S. amount was not remitted to the Government of India. The revenue department's appeals were allowed, setting aside the Tribunal's orders and restoring the Assessing Officer's original assessment without charging interest from the assessee for late payment of Income Tax. Case-Laws Income Tax Thu, 09 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241648