Case Law Details
Case Name : Aricent Technologies Holdings Ltd. Vs ACIT (ITAT Delhi)
Related Assessment Year : 2015-16
Courts :
All ITAT ITAT Delhi
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Aricent Technologies Holdings Ltd. Vs ACIT (ITAT Delhi)
Conclusion: Credit for tax deducted at source, which was deducted from the account of the deductee, by the deductor, was to be allowed as taxes paid in the hands of the deductee, irrespective of the fact whether the same had been deposited by the deductor to the credit of the Central Government or not.
Held: Assessee had furnished the details party-wise of the amounts deducted out of payments due to assessee which amounted to Rs.18.79 crores. AO as against the claim of Rs.18.79 crores had allowed credit for 16.57 crores. Assessee conten...
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I have repeatedly been commenting that the Department and CPC are immune to all such court orders. Only rich can afford to challenge in court. What about small assessees like me who routinely lose around a thousand rupees each year because it is not seen in 26AS. Why Can’t CPC introduce a method by which assessee can report TDS but NOT seem in 26AS?