https://www.taxtmi.com/caselaws?id=470162 TDS credit under Section 194Q remains available to a Kachha Arhtia acting as an agent for a principal where principal-related purchase and sale values are not the agent's turnover and commission is its taxable income. Deduction on the principal's payment does not bar credit when it is reflected in the agent's account and the underlying transactions are established. TDS credit under Sections 194A and 194H is also available where corresponding interest and commission income is recorded and reconciled without identified discrepancies. The full TDS-credit claims for both assessment years were accepted and related adjustments were removed. en-us Tue, 18 Mar 2025 00:00:00 +0530 Fri, 17 Jul 2026 21:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470162 TDS credit under Section 194Q remains available to a Kachha Arhtia acting as an agent for a principal where principal-related purchase and sale values are not the agent's turnover and commission is its taxable income. Deduction on the principal's payment does not bar credit when it is reflected in the agent's account and the underlying transactions are established. TDS credit under Sections 194A and 194H is also available where corresponding interest and commission income is recorded and reconciled without identified discrepancies. The full TDS-credit claims for both assessment years were accepted and related adjustments were removed. Case-Laws Income Tax Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470162