https://www.taxtmi.com/caselaws?id=789662 TDS credit is available only where the tax deduction and the corresponding income are attributable to the same person. The assessee's claim failed because the purchases and related income belonged to agriculturists or farmers, while the TDS was merely reflected in the assessee's PAN. Under section 199 and Rule 37BA(2), credit required a proper declaration or correction so the tax credit followed the income owner; no such correction was made and the related income was not offered in the assessee's return. The processing-stage adjustment was therefore valid, and the claimed credit was disallowed. en-us Thu, 09 Apr 2026 00:00:00 +0530 Sat, 11 Apr 2026 08:53:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789662 TDS credit is available only where the tax deduction and the corresponding income are attributable to the same person. The assessee's claim failed because the purchases and related income belonged to agriculturists or farmers, while the TDS was merely reflected in the assessee's PAN. Under section 199 and Rule 37BA(2), credit required a proper declaration or correction so the tax credit followed the income owner; no such correction was made and the related income was not offered in the assessee's return. The processing-stage adjustment was therefore valid, and the claimed credit was disallowed. Case-Laws Income Tax Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789662