TCS credit shall be given to person from whom tax has been collected

Jayaprakasha Rai Vs DCIT (ITAT Bangalore)

This is an appeal by the assessee against the order dated 09.06.2021 of National Faceless Appeal Centre, Delhi, relating to Assessment Year 2018-19.

2. The assessee is proprietor of M/s. Prashanth Wines, Sullia, engaged in the retail business of Indian Made Foreign Liquor (IMFL) using the excise licence in the name of Mrs. Pramila P Rai, daughter-in-law of the assessee’s brother. Originally the central excise licence in respect of this business was in the name of Shri. Balak

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