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2016 (12) TMI 948 - ITAT CHENNAINon deduction of TDS on the interest payments to the loan creditors - Section 197 - rejection of Form 15G - Disallowance made under section 40(a)(ia) - Held that:- The assessee has submitted Form 15G before the Assessing Officer during the course of hearing. However, the Assessing Officer has rejected Form 15G filed by the assessee since the Assessing Officer was not an authority to accept the same. During the course of appellate proceedings, when the ld. CIT(A) has specifically asked the assessee to produce copy of Form 15G/15H, the assessee could not produce the same, for which, the ld. Counsel for the assessee has not assigned any reason before us. Under these circumstances, in the interest justice, we direct the assessee to file copy of Form 15G/15H before the ld. CIT(A) and the ld. CIT(A) is also directed to verify the same and decide the issue afresh in accordance with law after allowing an opportunity of hearing to the assessee. Thus, the ground raised by the assessee is allowed for statistical purposes.
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