HUF TDS Credit Dispute Sent Back to AO for Member-Level Verification

Suresh Chand Agarwal HUF Vs ITO (ITAT Agra) The appeal before the Income Tax Appellate Tribunal, Agra Bench concerned Assessment Year (AY) 2023–24 and arose from an order passed under section 154 of the Income-tax Act, 1961 by the Centralised Processing Centre (CPC), Bengaluru. The rectification order had been affirmed by the Joint Commissioner of Income Tax (Appeals)-2, Coimbatore. The assessee is a Hindu Undivided Family (HUF) that owned an immovable property which was subjected to compulsory acquisition. The acquisition proceeds amounted to ₹9.32 crore, on which tax was deducted at sour...