https://www.taxtmi.com/highlights?id=67397 TDS credit treated as income of the assessee - Nature of income - essentially the TDS credit now claimed by the assessee is in the nature of an additional income over and above the RPC fee the assessee was entitled to receive under the contract. Thus, it is an additional item of income which has not suffered tax at the hands of the assessee. Therefore, the issue arising for consideration is, what is the nature of such income at the hands of the assessee. - AT en-us Thu, 29 Dec 2022 18:12:12 +0530 Thu, 29 Dec 2022 18:12:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67397 TDS credit treated as income of the assessee - Nature of income - essentially the TDS credit now claimed by the assessee is in the nature of an additional income over and above the RPC fee the assessee was entitled to receive under the contract. Thus, it is an additional item of income which has not suffered tax at the hands of the assessee. Therefore, the issue arising for consideration is, what is the nature of such income at the hands of the assessee. - AT Highlights Income Tax Thu, 29 Dec 2022 18:12:12 +0530 https://www.taxtmi.com/highlights?id=67397