https://www.taxtmi.com/caselaws?id=122479 The Tribunal allowed the assessee's appeal, ruling that the TDS provisions were not applicable to the notional entries reversed the next day, as they did not constitute actual credit or payment of interest. The lower authorities misunderstood the nature of the proforma entries, and the Tribunal found in favor of the assessee. en-us Tue, 16 Mar 2010 00:00:00 +0530 Wed, 12 Jun 2013 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122479 The Tribunal allowed the assessee's appeal, ruling that the TDS provisions were not applicable to the notional entries reversed the next day, as they did not constitute actual credit or payment of interest. The lower authorities misunderstood the nature of the proforma entries, and the Tribunal found in favor of the assessee. Case-Laws Income Tax Tue, 16 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122479