https://www.taxtmi.com/caselaws?id=794530 TDS credit could not be denied merely because the corresponding receipts were not offered as taxable income in the return, where the assessee claimed the income was not chargeable in India under the applicable DTAA. The return was processed accepting nil income, and the defect objection was not treated as invalidating the return. On these facts, Rule 37BA required the tax credit to follow the income to which it related and to be allowed in the year and to the person in whose hands the income was assessable. As the income itself was accepted as not taxable in India, denial of the associated TDS credit was unsustainable. en-us Tue, 30 Jun 2026 00:00:00 +0530 Mon, 13 Jul 2026 00:11:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794530 TDS credit could not be denied merely because the corresponding receipts were not offered as taxable income in the return, where the assessee claimed the income was not chargeable in India under the applicable DTAA. The return was processed accepting nil income, and the defect objection was not treated as invalidating the return. On these facts, Rule 37BA required the tax credit to follow the income to which it related and to be allowed in the year and to the person in whose hands the income was assessable. As the income itself was accepted as not taxable in India, denial of the associated TDS credit was unsustainable. Case-Laws Income Tax Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794530