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Income Tax - Highlights / Catch Notes

Home Highlights October 2022 Year 2022 This

TDS Claimed but not reflected in 26AS - Assessee’s excess claim ...


Assessee Claims Excess TDS on Unpaid Client Amounts Included in Taxable Income; Deductions May Apply.

October 3, 2022

Case Laws     Income Tax     AT

TDS Claimed but not reflected in 26AS - Assessee’s excess claim of TDS assuming that the less payment made by the clients are towards TDS may not be acceptable, however, if the amounts in dispute were not actually paid by the clients but were offered to tax by including it in the income, the same has to be reduced, as, assessee never received such income. - AT

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