Tribunal held that the TDS credit is to be granted irrespective of the fact that TDS credit is to be granted irrespective of the fact that related revenue is booked in subsequent financial years. Followed HCL comnet Syatems and Services Ltd v . DCIT ( ITA No. 3221/Del/ 2017 dt .31 -12 -2019) ( ITA No. 1113/ Del/ 2017 dt 4-9 -2020 ( AY. 2012-13)
HCL Comet Ltd v DCIT ( 2020) BCAJ- October – P. 38 ( Delhi) (Trib)
S. 199 : Deduction at source – Credit for tax deducted -Allowed in the year of deduction – Related revenue was booked in subsequent years .[ S.145, 199(3) ]