On appeal, the assessee contended that retention money was withheld under contractual terms and did not accrue as income until completion of contractual obligations. Ltd., the CIT(A) held that retention money did not accrue in AY 2014–15 and must be excluded from income. However, the CIT(A) disallowed the TDS credit claimed on such retention money for AY 2014–15, permitting it to be claimed in the year when the retention money is declared as income. However, the TDS claimed by the assessee relatable to such retention money is to be disallowed in the assessment year in question. It may be allowed in the year in which the assessee declares retention money as its income.