https://www.taxtmi.com/caselaws?id=782488 ITAT Delhi held that the assessee is entitled to full TDS credit as reflected in Form 26AS, despite discrepancies between turnover shown in the return and that reported under section 194O. Relying on a Hyderabad ITAT decision in a similar e-commerce context, the Tribunal accepted that TDS was deducted on gross sales, including sales later returned, causing mismatch with the finally declared turnover. It found the CIT(A)'s reasons for restricting TDS credit to be based on assumptions rather than facts. The order of the CIT(A) was set aside, and the AO was directed to allow full TDS credit for both years. en-us Fri, 07 Nov 2025 00:00:00 +0530 Fri, 28 Nov 2025 10:14:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782488 ITAT Delhi held that the assessee is entitled to full TDS credit as reflected in Form 26AS, despite discrepancies between turnover shown in the return and that reported under section 194O. Relying on a Hyderabad ITAT decision in a similar e-commerce context, the Tribunal accepted that TDS was deducted on gross sales, including sales later returned, causing mismatch with the finally declared turnover. It found the CIT(A)'s reasons for restricting TDS credit to be based on assumptions rather than facts. The order of the CIT(A) was set aside, and the AO was directed to allow full TDS credit for both years. Case-Laws Income Tax Fri, 07 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782488