https://www.taxtmi.com/caselaws?id=766522 TDS credit reflected in Form 26AS may be allowed in rectification proceedings even if the corresponding claim was omitted from the return, where the tax deduction is verifiable and the omission is only a technical mistake; the prepaid tax credit was therefore directed to be granted after verification. Interest on the refund arising from that credit is not payable where the assessee did not claim the full credit in the return and no material shows timely notice to the Assessing Officer, so the non-grant of refund interest was not attributed to the revenue. en-us Thu, 20 Feb 2025 00:00:00 +0530 Thu, 27 Feb 2025 08:14:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766522 TDS credit reflected in Form 26AS may be allowed in rectification proceedings even if the corresponding claim was omitted from the return, where the tax deduction is verifiable and the omission is only a technical mistake; the prepaid tax credit was therefore directed to be granted after verification. Interest on the refund arising from that credit is not payable where the assessee did not claim the full credit in the return and no material shows timely notice to the Assessing Officer, so the non-grant of refund interest was not attributed to the revenue. Case-Laws Income Tax Thu, 20 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766522