The ITAT Ahmedabad, in proceedings u/s 201(1) and 201(1A), found ...

ITAT confirmed that assessee is in default for non-deduction of TDS u/s 194IA. Interest u/s 201(1A) and penalty u/s 271(c) also upheld.

Case Laws Income Tax

May 22, 2024

The ITAT Ahmedabad, in proceedings u/s 201(1) and 201(1A), found the assessee-in-default for non-deduction of TDS u/s 194IA on property purchases. The assessee failed to provide evidence to support eligibility for proviso to Section 201(1), leading to dismissal of appeal. Interest u/s 201(1A) upheld till payee's return filing. Penalty u/s 271(c) for non-deduction of TDS u/s 194-IA was deemed justified. The appeal was decided against the assessee.

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The ITAT Ahmedabad, in proceedings u/s 201(1) and 201(1A), found ...

ITAT confirmed that assessee is in default for non-deduction of TDS u/s 194IA. Interest u/s 201(1A) and penalty u/s 271(c) also upheld.

Case Laws Income Tax

May 22, 2024

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