https://www.taxtmi.com/caselaws?id=64359 The Tribunal ruled in favor of the assessee, determining that they were not in default under Section 201 for failing to deduct taxes on employees' remuneration. The Tribunal held that the remuneration of expatriates was exempt under Article 14(2) of the DTAA with France as they met the conditions for exemption. The Tribunal disagreed with the misinterpretation of Article 14(2) and the application of Section 44BB, ultimately allowing the assessee's appeal and rejecting the charging of interest under Section 201(1A). en-us Fri, 11 May 2007 00:00:00 +0530 Wed, 11 Jul 2012 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64359 The Tribunal ruled in favor of the assessee, determining that they were not in default under Section 201 for failing to deduct taxes on employees' remuneration. The Tribunal held that the remuneration of expatriates was exempt under Article 14(2) of the DTAA with France as they met the conditions for exemption. The Tribunal disagreed with the misinterpretation of Article 14(2) and the application of Section 44BB, ultimately allowing the assessee's appeal and rejecting the charging of interest under Section 201(1A). Case-Laws Income Tax Fri, 11 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64359