https://www.taxtmi.com/caselaws?id=68299 The Tribunal allowed the appeal of the assessee, ruling that no TDS was required under section 194 for payments to non-shareholders, thus the assessee was not in default under section 201. Consequently, the Tribunal also overturned the levy of interest under section 201(1A), ultimately resulting in the appeal being successful for the assessee. en-us Fri, 17 Oct 2008 00:00:00 +0530 Mon, 06 Aug 2012 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68299 The Tribunal allowed the appeal of the assessee, ruling that no TDS was required under section 194 for payments to non-shareholders, thus the assessee was not in default under section 201. Consequently, the Tribunal also overturned the levy of interest under section 201(1A), ultimately resulting in the appeal being successful for the assessee. Case-Laws Income Tax Fri, 17 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68299