https://www.taxtmi.com/caselaws?id=780204 ITAT, Agra allowed the assessees' appeal and directed the AO to grant TDS credit for tax deducted on maturity proceeds of RBI bonds. The tribunal noted the assessee had already paid tax on interest on an accrual basis for AYs 2018-19 to 2022-23 after claiming proportionate TDS credit and directed the AO to allow the claimed TDS credit for AY 2023-24 subject to verification under Rule 37BA(3)(ii) of the I.T. Rules, 1962, and to determine tax payable or refundable accordingly. en-us Thu, 09 Oct 2025 00:00:00 +0530 Sat, 25 Oct 2025 09:00:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780204 ITAT, Agra allowed the assessees' appeal and directed the AO to grant TDS credit for tax deducted on maturity proceeds of RBI bonds. The tribunal noted the assessee had already paid tax on interest on an accrual basis for AYs 2018-19 to 2022-23 after claiming proportionate TDS credit and directed the AO to allow the claimed TDS credit for AY 2023-24 subject to verification under Rule 37BA(3)(ii) of the I.T. Rules, 1962, and to determine tax payable or refundable accordingly. Case-Laws Income Tax Thu, 09 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780204