https://www.taxtmi.com/caselaws?id=773818 ITAT Hyderabad allowed the assessee's appeal regarding TDS credit dispute. The AO had granted only proportionate TDS credit due to turnover discrepancy between Form 26AS and books of accounts. The assessee explained the difference through sales returns, demonstrating that declared turnover matched Form 26AS when considering TDS under section 194O. CIT(A) rejected this explanation based on assumptions rather than facts. ITAT held that since e-platform operators deduct TDS at sale time while refunding net amounts to buyers, the assessee was entitled to full TDS credit having offered complete income for the year. en-us Wed, 25 Jun 2025 00:00:00 +0530 Sat, 28 Jun 2025 08:31:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773818 ITAT Hyderabad allowed the assessee's appeal regarding TDS credit dispute. The AO had granted only proportionate TDS credit due to turnover discrepancy between Form 26AS and books of accounts. The assessee explained the difference through sales returns, demonstrating that declared turnover matched Form 26AS when considering TDS under section 194O. CIT(A) rejected this explanation based on assumptions rather than facts. ITAT held that since e-platform operators deduct TDS at sale time while refunding net amounts to buyers, the assessee was entitled to full TDS credit having offered complete income for the year. Case-Laws Income Tax Wed, 25 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773818