Section 199 - Credit for tax deducted at source

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.... the - * person from whose income the deduction was made, or * owner of the security, or * depositor or * owner of property or * unit-holder, or * shareholder, as the case may be. [ Section 199(1) ] * Any sum referred to in section 192(1A) and paid to the Central Government shall be treated as the tax paid on behalf of the person in respect of whose income such payment of tax has bee....

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....ished by the deductor to the income-tax authority or the person authorised by such authority. [ Rule 37BA(1) ] * Where under any provisions of the Act, the whole or any part of the income on which tax has been deducted at source is assessable in the hands of a person other than the deductee, credit for the whole or any part of the tax deducted at source, as the case may be, shall be given to the....

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....ule 37BA(2) ] * Credit for tax deducted at source and paid to the Central Government, shall be given for the assessment year for which such income is assessable. * Where tax has been deducted at source and paid to the Central Government and the income is assessable over a number of years, credit for tax deducted at source shall be allowed across those years in the same proportion in which the ....

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.... from time to time. [ Rule 37BA(4) ] Important Notification, Circular & Instruction * Instruction regarding not to put any inconvenience to assessee for Non-deposit of TDS by the deductor [ Instruction No. 275/29/2014-IT-(B) Dated 01.06.2015 ] * As per Para 2, As per Section 199 of the Act credit of Tax Deducted at Source is given to the person only if it is paid to the Central Government Acc....