https://www.taxtmi.com/caselaws?id=399215 The Tribunal upheld the CIT(A)'s decisions, directing the Assessing Officer to grant Tax Deducted at Source (TDS) credit to the SEBI-registered venture capital trust for AY 2013-14 and 2014-15. It also affirmed the assessee's eligibility for exemption under Section 10(23FB) of the Income Tax Act, 1961, dismissing the revenue's appeals. The Tribunal emphasized compliance with statutory provisions, judicial precedents, and the absence of regulatory violations by the assessee in allowing the TDS credit and exemption. en-us Tue, 22 Sep 2020 00:00:00 +0530 Tue, 06 Oct 2020 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399215 The Tribunal upheld the CIT(A)'s decisions, directing the Assessing Officer to grant Tax Deducted at Source (TDS) credit to the SEBI-registered venture capital trust for AY 2013-14 and 2014-15. It also affirmed the assessee's eligibility for exemption under Section 10(23FB) of the Income Tax Act, 1961, dismissing the revenue's appeals. The Tribunal emphasized compliance with statutory provisions, judicial precedents, and the absence of regulatory violations by the assessee in allowing the TDS credit and exemption. Case-Laws Income Tax Tue, 22 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399215