Kaccha Arahtia turnover includes only gross commission but entire TDS eligible for credit: ITAT Visakhapatnam

Lakshmi Sai Traders Vs ITO (ITAT Visakhapatnam) ITAT Visakhapatnam held that Kaccha Arahtia turnover includes only the gross commission. Further, entire amount of tax deducted at source is eligible for credit. Facts- The assessee is a commission agent in Agricultural Market Yard Committee [AMYC], Guntur. The assessee filed his return of income for the AY 2022-23 on 16/09/2022 declaring a total income of Rs. 8,09,145/- wherein the assessee claimed TDS credit for Rs. 1,14,160/-. Thereafter, the Ld. AO, CPC while processing the return of income U/s. 143(1) of the Act granted TDS only to the exten...