https://www.taxtmi.com/caselaws?id=752393 The HC ruled that an assessee cannot be denied TDS credit due to mismatch between employer-deducted tax under Section 192 and Form 26AS entries. The court held that Section 205 of the IT Act, supported by CBDT circular dated 01.06.2015 and office memorandum dated 11.03.2016, mandates that where tax is deducted at source, the assessee cannot be compelled to pay tax to the extent already deducted. The department must provide TDS credit to the petitioner and refund any recovery made during proceedings, with statutory interest, within eight weeks. en-us Fri, 03 May 2024 00:00:00 +0530 Thu, 09 May 2024 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752393 The HC ruled that an assessee cannot be denied TDS credit due to mismatch between employer-deducted tax under Section 192 and Form 26AS entries. The court held that Section 205 of the IT Act, supported by CBDT circular dated 01.06.2015 and office memorandum dated 11.03.2016, mandates that where tax is deducted at source, the assessee cannot be compelled to pay tax to the extent already deducted. The department must provide TDS credit to the petitioner and refund any recovery made during proceedings, with statutory interest, within eight weeks. Case-Laws Income Tax Fri, 03 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752393