https://www.taxtmi.com/caselaws?id=797392 TDS credit may be granted to a person other than the deductee where the related income is assessable in that person's hands under Section 199 read with Rule 37BA. Where merger-related business income is substantively assessed in the successor's hands, the corresponding TDS credit supports refund interest under Section 244A(1) from the first day of the relevant assessment year until refund. Excluding any period of interest on the ground of delay attributable to the taxpayer is exceptional under Section 244A(2) and requires determination by the prescribed higher authority; the Assessing Officer cannot unilaterally deny interest for that period. en-us Wed, 12 Aug 2026 00:00:00 +0530 Fri, 21 Aug 2026 08:28:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797392 TDS credit may be granted to a person other than the deductee where the related income is assessable in that person's hands under Section 199 read with Rule 37BA. Where merger-related business income is substantively assessed in the successor's hands, the corresponding TDS credit supports refund interest under Section 244A(1) from the first day of the relevant assessment year until refund. Excluding any period of interest on the ground of delay attributable to the taxpayer is exceptional under Section 244A(2) and requires determination by the prescribed higher authority; the Assessing Officer cannot unilaterally deny interest for that period. Case-Laws Income Tax Wed, 12 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797392