https://www.taxtmi.com/caselaws?id=765333 Rectification that withdraws earlier granted TDS credit and raises a consequential demand cannot be sustained when made without notice to the assessee or disclosure of the basis for the change. The governing framework for granting TDS credit must be followed, and a unilateral reduction of credit through rectification breaches natural justice. On that reasoning, the full TDS credit was directed to be restored and the related demand annulled. en-us Wed, 01 Jan 2025 00:00:00 +0530 Thu, 30 Jan 2025 08:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765333 Rectification that withdraws earlier granted TDS credit and raises a consequential demand cannot be sustained when made without notice to the assessee or disclosure of the basis for the change. The governing framework for granting TDS credit must be followed, and a unilateral reduction of credit through rectification breaches natural justice. On that reasoning, the full TDS credit was directed to be restored and the related demand annulled. Case-Laws Income Tax Wed, 01 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765333