The assessee sought credit for Dividend Distribution Tax paid and reflected in the statutory records. The Tribunal directed the Assessing Officer to verify the challans and Form 26AS and grant the appropriate credit together with consequential recomputation of interest and demand. (AY. 2018-19).
Geecee Ventures Ltd. v. Dy. CIT (2025) 127 ITR 371 / 174 taxmann.com 1285 (Mum.)(Trib.)
S. 115P: Domestic companies-Tax on distributed profits-Dividend Distribution Tax-Credit-Assessing Officer directed to grant credit after verification.
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