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Income Tax - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

TDS u/s 194I - Levy of interest u/s 201(1A) - lease rent paid to ...


Interest Levy u/s 201(1A) Not Recoverable from Assessee if Noida Authority Already Paid; Cooperation Required.

March 5, 2020

Case Laws     Income Tax     AT

TDS u/s 194I - Levy of interest u/s 201(1A) - lease rent paid to Noida authority - If the said interest has already been paid by the NOIDA, no recovery can be made from the assessee for the said amount of the interest. - Assessee directed to cooperate and provide the relevant information required by the AO - AT

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