https://www.taxtmi.com/caselaws?id=260141 The Tribunal allowed the appeal, confirming that TDS credit should be given in the year of deduction, even if the income is not recognized in that year. The Tribunal held that the AO's decision to allow TDS credit was a possible view and not erroneous or prejudicial to the Revenue's interests. The CIT's order under section 263 was set aside, and the assessee's appeal was allowed. en-us Mon, 12 Jan 2015 00:00:00 +0530 Wed, 20 May 2015 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260141 The Tribunal allowed the appeal, confirming that TDS credit should be given in the year of deduction, even if the income is not recognized in that year. The Tribunal held that the AO's decision to allow TDS credit was a possible view and not erroneous or prejudicial to the Revenue's interests. The CIT's order under section 263 was set aside, and the assessee's appeal was allowed. Case-Laws Income Tax Mon, 12 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260141