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2015 (2) TMI 353 - AT - Income TaxDefault for not deducting the TDS while making payments to the non resident Mrs.Zohra Moidin - demand of tax against the assessees as well as interest u/s 201(1A) - Held that:- From the date of payments, parties were aware that these payments would not be subject to taxes, because of exemption. Therefore, there was no need to deduct the taxes. In view of the above facts, we allow all the three appeals and hold that the appellants cannot be treated as assessee in default u/s 201. Consequently no interest u/s 201(1A) will be imposable upon them. - Decided in favour of assessee.
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