https://www.taxtmi.com/article/detailed?id=10895 TDS credit must be allowed in the assessment year in which the underlying income is assessable. Interest on fixed deposits that accrued and was taxed in a later assessment year cannot be taxed again in an earlier assessment year; the addition made by the assessing officer for that earlier year was deleted, and the taxpayer is entitled to TDS credit for the assessment year in which the interest was properly assessable. en-us Fri, 23 Dec 2022 13:31:30 +0530 Fri, 23 Dec 2022 13:31:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10895 TDS credit must be allowed in the assessment year in which the underlying income is assessable. Interest on fixed deposits that accrued and was taxed in a later assessment year cannot be taxed again in an earlier assessment year; the addition made by the assessing officer for that earlier year was deleted, and the taxpayer is entitled to TDS credit for the assessment year in which the interest was properly assessable. Articles Income Tax Fri, 23 Dec 2022 13:31:30 +0530 https://www.taxtmi.com/article/detailed?id=10895