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2022 (5) TMI 1335 - ITAT BANGALOREShort deduction of TDS - common area maintenance charges (CAM charges) - TDS @10% u/s. 194I OR 2% u/s. 194C - Default u/s 201(1) - HELD THAT:- As decided in own case [2022 (4) TMI 1278 - ITAT BANGALORE] CAM charges would be subjected to deduction of tax at source u/s. 194C of the Act at 2%. The assessee has applied the right rate of tax for deduction at source at 2% on CAM charges and therefore the assessee cannot be held to be an assessee in default u/s. 201(1) of the Act Since the appeal is allowed in favour of the assessee stating that the assessee could not be held to be an assessee in default u/s.201(1), the interest charged by the AO u/s.201(1A) which is consequential in nature is rendered infructuous - Decided in favour of assessee.
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