https://www.taxtmi.com/caselaws?id=802535 Recovered bad debts credited to the profit and loss account and examined in a subsequent scrutiny assessment require reconciliation with the earlier processing adjustment to prevent double taxation, without reopening matters examined in scrutiny. Foreign tax credit claimed in the return and supported by Form 67 requires verification under the applicable provisions, including Rule 128, before eligible credit is granted without duplication. Tax deducted at source and tax collected at source credits require reconciliation with Form 26AS, the return, the subsequent assessment and credits already granted. Eligible balance credits must be allowed without duplication, with a reasonable opportunity for the taxpayer to be heard. en-us Mon, 12 Oct 2026 00:00:00 +0530 Sat, 07 Nov 2026 08:22:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802535 Recovered bad debts credited to the profit and loss account and examined in a subsequent scrutiny assessment require reconciliation with the earlier processing adjustment to prevent double taxation, without reopening matters examined in scrutiny. Foreign tax credit claimed in the return and supported by Form 67 requires verification under the applicable provisions, including Rule 128, before eligible credit is granted without duplication. Tax deducted at source and tax collected at source credits require reconciliation with Form 26AS, the return, the subsequent assessment and credits already granted. Eligible balance credits must be allowed without duplication, with a reasonable opportunity for the taxpayer to be heard. Case-Laws Income Tax Mon, 12 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802535