https://www.taxtmi.com/caselaws?id=328398 The Commissioner revised the assessment order to add income based on TDS certificates, leading to a challenge before the Income Tax Appellate Tribunal. The Tribunal recognized the cash system of accounting followed by the assessee and deleted the addition for double taxation. It upheld the decision that TDS certificates alone were not conclusive evidence of assessable income and allowed credit for TDS only on income offered for tax in the relevant year. The Tribunal found no perversity in its decision, dismissing the appeal without costs. en-us Thu, 29 Oct 2015 00:00:00 +0530 Fri, 03 Jun 2016 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328398 The Commissioner revised the assessment order to add income based on TDS certificates, leading to a challenge before the Income Tax Appellate Tribunal. The Tribunal recognized the cash system of accounting followed by the assessee and deleted the addition for double taxation. It upheld the decision that TDS certificates alone were not conclusive evidence of assessable income and allowed credit for TDS only on income offered for tax in the relevant year. The Tribunal found no perversity in its decision, dismissing the appeal without costs. Case-Laws Income Tax Thu, 29 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328398