https://www.taxtmi.com/caselaws?id=433941 The Tribunal directed the Assessing Officer to grant credit for Tax Collected at Source (TCS) to the assessee firm, emphasizing that TCS should be credited to the entity where the income is finally assessed, even if the TCS certificate is in another name. The Tribunal rejected the Revenue's argument that different rules should apply to TCS compared to Tax Deducted at Source (TDS) and ruled in favor of the assessee, allowing the appeals and ordering the credit for TCS to be given to the firm. en-us Mon, 06 Feb 2023 00:00:00 +0530 Mon, 13 Feb 2023 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433941 The Tribunal directed the Assessing Officer to grant credit for Tax Collected at Source (TCS) to the assessee firm, emphasizing that TCS should be credited to the entity where the income is finally assessed, even if the TCS certificate is in another name. The Tribunal rejected the Revenue's argument that different rules should apply to TCS compared to Tax Deducted at Source (TDS) and ruled in favor of the assessee, allowing the appeals and ordering the credit for TCS to be given to the firm. Case-Laws Income Tax Mon, 06 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433941