TDS in 26AS: AO directed to allow credit after verification

Abhay Kumar Jha Vs DCIT (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) Delhi has issued a ruling in the case of Abhay Kumar Jha against the Deputy Commissioner of Income Tax (DCIT), addressing appeals for Assessment Years 2017-18 and 2018-19. The Tribunal’s decision, pronounced on September 30, 2022, largely favored the assessee, particularly on issues related to disallowances under Section 43B and Section 36(1)(va) of the Income Tax Act, 1961. Abhay Kumar Jha, proprietor of Elkosta Security System India and Millennium Meritech, had filed returns of income for both assessment year...