https://www.taxtmi.com/caselaws?id=271422 The Tribunal partly allowed both appeals filed by the assessees, ruling in favor of treating the interest income with TDS deducted as disclosed income. However, it ruled against allowing credit of TDS Certificate in block assessment. The Tribunal emphasized that the benefit of TDS should be claimed in normal assessment procedures and advised the assessee to approach the appropriate authority for any claims. The judgment provided a detailed analysis of relevant legal principles and case laws to support its decision, ensuring a comprehensive review of the issues raised. en-us Fri, 29 Jan 2016 00:00:00 +0530 Thu, 04 Feb 2016 07:03:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271422 The Tribunal partly allowed both appeals filed by the assessees, ruling in favor of treating the interest income with TDS deducted as disclosed income. However, it ruled against allowing credit of TDS Certificate in block assessment. The Tribunal emphasized that the benefit of TDS should be claimed in normal assessment procedures and advised the assessee to approach the appropriate authority for any claims. The judgment provided a detailed analysis of relevant legal principles and case laws to support its decision, ensuring a comprehensive review of the issues raised. Case-Laws Income Tax Fri, 29 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271422