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Income Tax - Highlights / Catch Notes

Home Highlights January 2023 Year 2023 This

Credit of TDS - income earned by Late assessee for services ...


Reopening Assessment for 2013-14: Deceased's Undeclared Commission Income to be Taxed, TDS Credit Allowed.

January 11, 2023

Case Laws     Income Tax     AT

Credit of TDS - income earned by Late assessee for services rendered by him to the two companies before his death - in the return of income filed by the legal representative of the deceased for AY 2013-14, the said commission income has not been declared - in the interest of justice, it would be fair and just if we direct the Ld. AO to re-open the assessment of the deceased (Individual) for AY 2013-14 to bring to tax the impugned commission income and allow the credit of TDS. - AT

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