TDS credit allowable in the year in which income offered by assessee

Ujjwal Singh Vs DCIT (ITAT Delhi)

In the instant case the tax has been deducted by the payer in Financial Year 2014-15 relevant to Assessment Year 2015-16 for which the invoice was drawn by the payee in Financial Year 2015-16 relevant Assessment Year 2016­-17. The assessee thus has included an income of Rs.57,05,156/- in the Assessment Year 2016-17, i.e., in the year in which invoice has been raised and income accrued to the assessee. However, the Assessing Officer had denied the corresponding credit of TDS in the Assessmen

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