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2018 (1) TMI 1228 - AT - Income TaxCredit of TDS - TDS claim disallowed on account of the fact that corresponding income was not offered for taxation in the relevant assessment year - Held that:- The assessee follows cash system on accounting. The provision of sections of Chapter- XVII Collection and recovery of Tax of the Income Tax Act, 1961 are not charging sections. The deduction of Tax at source is merely one of the mode of collection of tax. Therefore it may not always be possible all the time to co-relate a specific amount of TDS with a specific amount of income earned by the assessee in a particular assessment year. The claim of the assessee is allowed in as much as it is held that the assessee would be entitled to credit of the entire TDS offered as income by the assessee in his return of income. See Chander Shekhar Aggarwal vs. Assistant Commissioner of Income-tax, Circle 37(1), New Delhi, [2016 (2) TMI 420 - ITAT DELHI] - Decided in favour of assessee
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