https://www.taxtmi.com/caselaws?id=448457 ITAT Delhi allowed the appeal regarding TDS demand rectification under section 154. The assessee challenged CPC's demand for short TDS deduction and interest, arguing deductees had already paid income tax on entire income, making the demand unjustified per SC precedent in Hindustan Coco Beverages case. ITAT held that verification was required to confirm whether deductees included relevant income in their returns, as revenue cannot collect from both deductor and recipient. Matter remanded to DCIT(TDS) for complete examination and rectification within 180 days, noting the decade-long pendency. en-us Wed, 17 Jan 2024 00:00:00 +0530 Fri, 19 Jan 2024 08:50:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448457 ITAT Delhi allowed the appeal regarding TDS demand rectification under section 154. The assessee challenged CPC's demand for short TDS deduction and interest, arguing deductees had already paid income tax on entire income, making the demand unjustified per SC precedent in Hindustan Coco Beverages case. ITAT held that verification was required to confirm whether deductees included relevant income in their returns, as revenue cannot collect from both deductor and recipient. Matter remanded to DCIT(TDS) for complete examination and rectification within 180 days, noting the decade-long pendency. Case-Laws Income Tax Wed, 17 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448457