TDS Credit Denied Due to Form 26AS Mismatch Remanded for Fresh Verification

Hasbro SA Vs DCIT (International Tax) (ITAT Delhi)

The appeal before the Income Tax Appellate Tribunal, Delhi Bench arose from an order of the Commissioner of Income Tax (Appeals) dated 01.02.2025, which upheld a rectification order passed under Section 154 of the Income-tax Act, 1961 by the Centralized Processing Centre, Bengaluru. The rectification order had denied credit of tax deducted at source (TDS) amounting to ₹21,14,675 for Assessment Year (AY) 2020–21, resulting in a demand of ₹27,07,820 including interest.

The assessee, a foreign company inc

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