Credit of TDS to be allowed proportionately if assessee’s income is assessable over a number of years: ITAT

INCOME TAX : Credit for tax deducted at source and paid to Central Government shall be given for assessment year for which such income is assessable and where income is assessable over a number of years, credit for tax deducted at source shall be allowed across those years in same proportion in which income is assessable to taxINCOME TAX : Credit for tax deducted at source and paid to Central Government shall be given for assessment year for which such income is assessable and where income is assessable over a number of years, credit for tax deducted at source shall be allowed across those years in same proportion in which income is assessable to taxwww.taxmann.com Latest Case LawsRead More

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