https://www.taxtmi.com/caselaws?id=787622 TDS credit claimed by the assessee was substantiated by production of the TDS challan and later reflection in Form 26AS after the deductor filed Form 27Q, with a rectification request pending; the revenue placed no material to dispute the challan or the subsequent credit. Because the penalty under section 270A was imposed consequent to an assessment demand that would be extinguished on granting the TDS credit, the penalty was deleted and the appeal allowed in favour of the assessee. en-us Fri, 06 Mar 2026 00:00:00 +0530 Sat, 07 Mar 2026 13:47:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787622 TDS credit claimed by the assessee was substantiated by production of the TDS challan and later reflection in Form 26AS after the deductor filed Form 27Q, with a rectification request pending; the revenue placed no material to dispute the challan or the subsequent credit. Because the penalty under section 270A was imposed consequent to an assessment demand that would be extinguished on granting the TDS credit, the penalty was deleted and the appeal allowed in favour of the assessee. Case-Laws Income Tax Fri, 06 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787622