Kachha Arthias cannot take credit of erroneously deducted TDS: ITAT Delhi

Rajesh Kumar Vs D.D.I.T (ITAT Delhi) Rajesh Kumar’s appeal against the CIT(A) order before the Income Tax Appellate Tribunal, Delhi, concerning the denial of TDS credit raises crucial questions about the tax liabilities of Kachha Arthias. The crux of the matter lies in the contention that the assessee, being a Kachha Arthia, is not liable for the tax on the income in question. The argument revolves around the interpretation of CBDT Circular No. 452 and whether the assessee should be entitled to credit for TDS deducted at the source. Upon review, the CIT(A) held that despite the applicabi...