https://www.taxtmi.com/caselaws?id=798812 TDS credit reflected in a deductee's Form 26AS remains allowable to that deductee under Section 199 and Rule 37BA(1), even where fixed-deposit interest is clubbed in the spouse's income under Section 64. Rule 37BA(2)(i) permits credit to be transferred only when the deductee furnishes the prescribed declaration to the deductor and the deductor reports the deduction in the other person's name. In the absence of that process, clubbing does not displace the deductee's entitlement to the recorded credit. The claimed credit requires factual verification and redetermination against the correct TDS amount. en-us Tue, 25 Aug 2026 00:00:00 +0530 Sat, 12 Sep 2026 08:41:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798812 TDS credit reflected in a deductee's Form 26AS remains allowable to that deductee under Section 199 and Rule 37BA(1), even where fixed-deposit interest is clubbed in the spouse's income under Section 64. Rule 37BA(2)(i) permits credit to be transferred only when the deductee furnishes the prescribed declaration to the deductor and the deductor reports the deduction in the other person's name. In the absence of that process, clubbing does not displace the deductee's entitlement to the recorded credit. The claimed credit requires factual verification and redetermination against the correct TDS amount. Case-Laws Income Tax Tue, 25 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798812