ITAT Allowed TDS Credit Despite Form 26AS Mismatch as Income Taxed in Same Year

R.K. Distilleries Private Limited Vs ITO (ITAT Hyderabad) The appeal was filed by the assessee against the order of the Commissioner of Income Tax (Appeals), which had upheld the denial of tax deducted at source (TDS) credit and the consequent adjustment made by the Central Processing Centre (CPC) for Assessment Year 2020–21. The dispute arose from a mismatch between the TDS claimed by the assessee and the amount reflected in Form 26AS, resulting in an additional demand of ₹13,15,270. The assessee, engaged in the manufacturing of IMFL, had filed its return declaring income of ₹1,66,47,89...