ITAT Chennai Allowed TDS Credit in Year of Receipt Due to Cash Accounting System

Deloitte Haskins & Sells Vs DCIT (ITAT Chennai) Short TDS Credit Quashed for Timing Mismatch Between Deduction and Income Recognition; TDS Credit Cannot Be Denied Merely Because It Appears in Sister Concern’s Name; Mechanical Processing Under Section 143(1) Cannot Override Substantive TDS Entitlement; TDS Credit Dispute Remanded Where Income Taxed and Credit Unclaimed Elsewhere The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) adjudicated a batch of appeals filed by the assessee for Assessment Years (AYs) 2017-18, 2020-21, 2021-22, 2022-23, and 2024-25, all raising a common i...