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2019 (12) TMI 1208 - AT - Income TaxMAT credit - after the appeal effects are given by the AO for earlier years, the balance MAT credit may be allowed in the hands of the assessee - HELD THAT:- We find merit in the claim of the assessee and direct the AO to allow the MAT credit, if any, determined after giving appeal effect in earlier years. The Ground of appeal is thus allowed. Short credit of tax deducted at source - HELD THAT:- We hold that where the assessee is able to furnish the necessary details with regard to tax deduction at source out of the amounts due to it, then the action which follows is allowing the credit of such tax deducted at source to the account of the deductee. In case where the deductor deposits the tax deducted at source to the credit of the Central Government and the deduction reflects in Form No.26AS may be on a later date, then it is incumbent upon the assessee to produce the necessary evidence in this regard and it is also the duty of the Assessing Officer to allow such credit of tax deducted at source, as taxes paid in the hands of the deductee assessee. We direct the Assessing Officer to allow the credit of tax deducted at source in the hands of the assessee, where the assessee produces the primary evidence of same being deducted tax at source out of the amount due to it. The ground of appeal no. 6 is thus allowed. Charging of interest u/s 234A - assessee had filed the return of income on 30.11.2015 which was the prescribed due date for filing the return of income by the assessee u/s 139(1) - HELD THAT:- We find merit in the plea of the assessee that where the due date of filing return of income was 30.11.2015 and since the assessee had filed return of income on 30.11.2015, then there was no merit in charging of interest u/s 234A Charging of interest u/s 234C - The said interest is to be computed on the returned income of the assessee and not the income assessed by the Assessing Officer. The Assessing Officer may verify the stand of the assessee in this regard and re-compute the interest chargeable u/s 234C
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