The credit for TCS should be given to the assessee who is finally

The credit for TCS should be given to the assessee who is finally

The credit for TCS should be given to the assessee who is finally and lawfully assessed to tax in respect of the income on which TCS has been collected, irrespective of the person in whose name the TCS certificate has been issued and that what is applicable for TDS should also be applicable for TCS and merely because there is no Rule identical to Rule 37BA(2)(i) of the Rules with reference to TCS provisions, it cannot be the basis for the Revenue to deny the legitimate claim for credit of TCS made by an assessee. (ITAT Bangalore, ITA Nos.12 to 15/Bang/2023, date of order 06.02.2023)



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