https://www.taxtmi.com/caselaws?id=752973 A Delhi HC decision considered whether deposit of tax deducted at source on 30 September 2015 extended limitation under Section 19 of the Limitation Act, 1963 in a suit arising from a deed of cancellation. The Court held that the decisive question was whether the TDS reflected in the certificate related to the same liability and amounted to a payment on account of the debt. As the appellant did not plead any separate transactions to which the deposit was referable, and the statutory scheme under Sections 194A and 198 of the Income-tax Act supported the certificate, the TDS deposit was treated as payment on account of the debt. The limitation objection therefore failed. en-us Tue, 14 May 2024 00:00:00 +0530 Tue, 21 May 2024 20:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752973 A Delhi HC decision considered whether deposit of tax deducted at source on 30 September 2015 extended limitation under Section 19 of the Limitation Act, 1963 in a suit arising from a deed of cancellation. The Court held that the decisive question was whether the TDS reflected in the certificate related to the same liability and amounted to a payment on account of the debt. As the appellant did not plead any separate transactions to which the deposit was referable, and the statutory scheme under Sections 194A and 198 of the Income-tax Act supported the certificate, the TDS deposit was treated as payment on account of the debt. The limitation objection therefore failed. Case-Laws Income Tax Tue, 14 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752973