https://www.taxtmi.com/caselaws?id=445917 Delhi HC held that petitioner-deductee is entitled to TDS credit of Rs. 29,16,674 despite deductor's failure to deposit tax with government. Court ruled that recovery cannot be made against deductee under Section 205, and denying credit would indirectly achieve prohibited direct recovery from deductee. Since deductee followed statutory regime through government agent (deductor), only the defaulting agent can face recovery proceedings. Rectification order dated 25.06.2020 under Section 154 was set aside, granting relief to petitioner notwithstanding absence of Form 26AS reflection. en-us Tue, 31 Oct 2023 00:00:00 +0530 Mon, 06 May 2024 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445917 Delhi HC held that petitioner-deductee is entitled to TDS credit of Rs. 29,16,674 despite deductor's failure to deposit tax with government. Court ruled that recovery cannot be made against deductee under Section 205, and denying credit would indirectly achieve prohibited direct recovery from deductee. Since deductee followed statutory regime through government agent (deductor), only the defaulting agent can face recovery proceedings. Rectification order dated 25.06.2020 under Section 154 was set aside, granting relief to petitioner notwithstanding absence of Form 26AS reflection. Case-Laws Income Tax Tue, 31 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445917