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Income Tax - Highlights / Catch Notes

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Credit of TDS - income from interest received in the name of her ...


High Court Grants TDS Credit Refund to Petitioner on Deceased Husband's Interest Income; Appeals Commissioner Supports Claim.

February 11, 2023

Case Laws     Income Tax     HC

Credit of TDS - income from interest received in the name of her deceased husband was offered for taxation but credit of TDS deducted against the same was not granted to the petitioner - In such eventuality, instead of denying her, when the Commissioner (A) himself was convinced on reflection of the said amount on 26AS form, TDS could have been credited in the account of the petitioner - Refund allowed - HC

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