Entire TDS credit on maturity of bond allowed as interest income offered to tax on accrual basis

Surbhi Anand Vs ACIT (ITAT Agra) ITAT Agra held that entire TDS deducted on maturity of bond is allowable since assessee has already offered interest income on accrual basis. Accordingly, appeal of the assessee is allowed and TDS credit granted. Facts- Assessee invested in RBI Bond and in 7.75% taxable Government of India Bonds (non-cumulative option) through M/s HDFC Bank Ltd. The assessee had declared the interest on accrual basis in the returns filed for the earlier years and had deposited her tax liability on such interest income in different Assessment Years whose assessments have been c...