https://www.taxtmi.com/caselaws?id=220799 The Appellate Tribunal, ITAT New Delhi, ruled in favor of the assessee in a case involving the charging of interest under sections 201/201(1A) of the I.T. Act, 1961, and the short charge of TDS amount. The Tribunal found that Ghaziabad Development Authority and Ganga Jal Pani Pariyojna were exempt entities under section 194A(3)(iii)(f), thus justifying the non-application of section 194(1) to the transactions. Consequently, the Tribunal set aside the lower authorities' orders and allowed the appeal, deeming the interest charged and TDS short charge as unwarranted. en-us Fri, 15 Jul 2011 00:00:00 +0530 Sun, 10 Feb 2013 06:55:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220799 The Appellate Tribunal, ITAT New Delhi, ruled in favor of the assessee in a case involving the charging of interest under sections 201/201(1A) of the I.T. Act, 1961, and the short charge of TDS amount. The Tribunal found that Ghaziabad Development Authority and Ganga Jal Pani Pariyojna were exempt entities under section 194A(3)(iii)(f), thus justifying the non-application of section 194(1) to the transactions. Consequently, the Tribunal set aside the lower authorities' orders and allowed the appeal, deeming the interest charged and TDS short charge as unwarranted. Case-Laws Income Tax Fri, 15 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220799