Assessee's Revised Tax Return to Withdraw TDS Credit and Adjust Professional Income Deemed Lawful for 2009-10, 2014-15.

Assessee's Revised Tax Return to Withdraw TDS Credit and Adjust Professional Income Deemed Lawful for 2009-10, 2014-15. https://www.taxtmi.com/highlights?id=50733 Revised return - withdrawing the claim of TDS credit and reduction in corresponding professional income - Since the assessee is accounting his professional (actor) income on cash basis, the entire receipt including TDS has to be assessed in the respective assessment year. Therefore, the addition made in assessment year 2009-10 and 2014-15 are in accordance with law. en-us Mon, 16 Dec 2019 09:48:22 +0530 Mon, 16 Dec 2019 09:48:22 +0530 TaxTMI RSS Generator Assessee's Revised Tax Return to Withdraw TDS Credit and Adjust Professional Income Deemed Lawful for 2009-10, 2014-15. https://www.taxtmi.com/highlights?id=50733 Revised return - withdrawing the claim of TDS credit and reduction in corresponding professional income - Since the assessee is accounting his professional (actor) income on cash basis, the entire receipt including TDS has to be assessed in the respective assessment year. Therefore, the addition made in assessment year 2009-10 and 2014-15 are in accordance with law. Highlights Income Tax Mon, 16 Dec 2019 09:48:22 +0530 https://www.taxtmi.com/highlights?id=50733