Trikaal Mediinfotech Pvt Ltd v.DCIT ( 2023) The Chamber’s Journal – April – P. 143 ( Mum)( Trib)

S. 199 : Deduction at source – Credit for tax deducted – TDS deducted – Entitle to get credit even if the income is not offered to tax . [ R. 37BA(3) ]

Tribunal held that once the TDS has been deducted on a particular income , the assessee should get credit even if the income is not directly offered for tax . Relied on Karnal Co -Op Sugar Mills Ltd  (2000 ) 243 ITR 2 ( SC) .  ( ITA No. 5989/ Mum /2019 dt.  21/03/2023 ( AY.2015-16)