https://www.taxtmi.com/caselaws?id=755908 ITAT Delhi ruled in favor of the assessee regarding TDS credit denial due to non-deposit by deductor. The tribunal held that under Section 205, once tax is deducted from assessee's income, no further tax can be demanded regardless of whether deductor deposited it with government. Assessee cannot be penalized for deductor's failure to deposit TDS. The inability to obtain Form 16A due to deductor's mischief cannot justify refusing TDS credit. CIT(A) erred in misinterpreting judicial precedents. Appeal allowed on TDS credit issue; computational error matter remanded for verification. en-us Fri, 05 Jul 2024 00:00:00 +0530 Mon, 22 Jul 2024 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755908 ITAT Delhi ruled in favor of the assessee regarding TDS credit denial due to non-deposit by deductor. The tribunal held that under Section 205, once tax is deducted from assessee's income, no further tax can be demanded regardless of whether deductor deposited it with government. Assessee cannot be penalized for deductor's failure to deposit TDS. The inability to obtain Form 16A due to deductor's mischief cannot justify refusing TDS credit. CIT(A) erred in misinterpreting judicial precedents. Appeal allowed on TDS credit issue; computational error matter remanded for verification. Case-Laws Income Tax Fri, 05 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755908