Accrual of income - Additions based on TDS statements - The ...
Income Tax
July 20, 2020
Accrual of income - Additions based on TDS statements - The receipt of consideration of income, which has been already offered for taxation in earlier years, received in this year, naturally cannot suffer tax once again. This amounts to double taxation in the hands of the assessee. - Just because the payer has deducted tax at source, it cannot become the income of recipient automatically.
View Source
