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Income-tax Act Section 396
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The Income-tax Act, 2025

Section 396 Tax deducted is income received

Chapter
XIX · Collection and Recovery of Tax
Part
B.—Deduction and collection at source
The following sums shall be deemed as income received for the purposes of computing the income of an assessee—
(a) sums deducted under this Chapter; and
(b) income-tax paid outside India by way of deduction in respect of which an assessee is allowed a credit against the tax payable under this Act,
except tax paid under section 392(2)(a) and tax deducted as per section 393(3) (Table: Sl. No. 5).