https://www.taxtmi.com/caselaws?id=246851 The tribunal allowed the Revenue's appeal, emphasizing the importance of considering the real ownership of income-yielding property and ensuring consistency with the provisions of the Income Tax Act. The decision focused on the interpretation of section 199 regarding the allowance of credit for Tax Deducted at Source (TDS) to the assessee, ultimately ruling in favor of the Revenue based on the specific circumstances of the case and relevant legal provisions. en-us Wed, 20 Nov 2013 00:00:00 +0530 Sat, 28 Mar 2015 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246851 The tribunal allowed the Revenue's appeal, emphasizing the importance of considering the real ownership of income-yielding property and ensuring consistency with the provisions of the Income Tax Act. The decision focused on the interpretation of section 199 regarding the allowance of credit for Tax Deducted at Source (TDS) to the assessee, ultimately ruling in favor of the Revenue based on the specific circumstances of the case and relevant legal provisions. Case-Laws Income Tax Wed, 20 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246851