Assessing Officer's Rejection of TDS Credit Requires Consideration of Transactions and Evidence, Not Just Mechanical Application.

Assessing Officer's Rejection of TDS Credit Requires Consideration of Transactions and Evidence, Not Just Mechanical Application. https://www.taxtmi.com/highlights?id=73644 Rectification u/s 154 - AO rejected TDS Credit after issuance intimation U/s 143(1) - withdrawal of TDS is a separate activity of the deductor. The mere rejection of TDS credit is not serving the purpose. The transaction, execution of works and other evidence should be considered during withdrawn of TDS credit after processing of return U/s 143(1). The execution of section 154 can not be mechanical purpose. - AT en-us Mon, 18 Dec 2023 09:06:57 +0530 Mon, 18 Dec 2023 09:06:57 +0530 TaxTMI RSS Generator Assessing Officer's Rejection of TDS Credit Requires Consideration of Transactions and Evidence, Not Just Mechanical Application. https://www.taxtmi.com/highlights?id=73644 Rectification u/s 154 - AO rejected TDS Credit after issuance intimation U/s 143(1) - withdrawal of TDS is a separate activity of the deductor. The mere rejection of TDS credit is not serving the purpose. The transaction, execution of works and other evidence should be considered during withdrawn of TDS credit after processing of return U/s 143(1). The execution of section 154 can not be mechanical purpose. - AT Highlights Income Tax Mon, 18 Dec 2023 09:06:57 +0530 https://www.taxtmi.com/highlights?id=73644