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1309 Points
Posted on 29 November 2009
Hi Ravi,
Sunil Sir is very true/good with practicle thing going with Govenment Dept. But there are chances to convince AO if you can use influential power.
Further, I would like to draw your attention on section 198 of IT Act which provides that Tax Deducted shall be deemed to be Income of the Assesee. In other words, if one has recived amount of Rs. 90 (Invoice 100- TDS 10), the Income Taxable in the hand of that person shall be Rs. 100 irrespective of whether he is claiming credit of TDS or not.
Give a thought to it and let me know if you want any further issues.
Regards
Juzer