https://www.taxtmi.com/caselaws?id=429197 The Tribunal upheld the rejection of the claim for exemption u/s 11(1)(a) of the Act due to the absence of a shortfall in the application of income. However, the Tribunal directed the AO to allow proportionate tax credit for TDS amount split over multiple years, partially allowing the appeal filed by the assessee. The order was pronounced on 16.09.2022 by the Tribunal. en-us Fri, 16 Sep 2022 00:00:00 +0530 Thu, 20 Oct 2022 08:17:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429197 The Tribunal upheld the rejection of the claim for exemption u/s 11(1)(a) of the Act due to the absence of a shortfall in the application of income. However, the Tribunal directed the AO to allow proportionate tax credit for TDS amount split over multiple years, partially allowing the appeal filed by the assessee. The order was pronounced on 16.09.2022 by the Tribunal. Case-Laws Income Tax Fri, 16 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429197