https://www.taxtmi.com/caselaws?id=180033 The Tribunal dismissed the Revenue's appeal, affirming the decision to allow the assessee credit for the TDS amount based on their share ratio in the joint venture agreement. The Tribunal held that credit for TDS should be given to individual constituents based on their respective share ratio, in line with section 199 of the Income-tax Act, 1961. This decision was supported by a previous ruling in favor of the assessee for a different assessment year. en-us Fri, 07 Jan 2011 00:00:00 +0530 Tue, 15 Mar 2016 15:08:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180033 The Tribunal dismissed the Revenue's appeal, affirming the decision to allow the assessee credit for the TDS amount based on their share ratio in the joint venture agreement. The Tribunal held that credit for TDS should be given to individual constituents based on their respective share ratio, in line with section 199 of the Income-tax Act, 1961. This decision was supported by a previous ruling in favor of the assessee for a different assessment year. Case-Laws Income Tax Fri, 07 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180033