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2023 (5) TMI 627 - ITAT KOLKATANon granting credit of TDS available in the erstwhile PAN of the amalgamating company - HELD THAT:- As the order of the Hon’ble Jurisdictional High Court approving the amalgamation is 21.01.2017 and subsequent to that, assessee ought to have made necessary arrangements and should have informed the customers of both the erstwhile companies to deduct the tax under new PAN but still some of the customers of the erstwhile Haldia Petrochemicals Limited have deposited TDS under the old PAN. Considering the fact that the claim of the assessee is valid and credit of the tax deducted at source has to be given to the assessee, we direct the ld. Assessing Officer to carry out the necessary verification process at the earliest and after being satisfied about TDS claim of the assessee to grant the credit within four months from the date of receiving this order and also direct the assessee not to delay the aforesaid proceedings by taking adjournment unless otherwise required for reasonable cause for filing of necessary details. Appeal of the assessee is allowed for statistical purposes.
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