https://www.taxtmi.com/caselaws?id=255274 The court interpreted Section 194A(3)(f) of the Income Tax Act, holding that once the Central Government issued a notification exempting societies wholly funded by the government from TDS deductions, the assessee was not required to deduct TDS. The court emphasized that the reasons for exemption had to be those of the Central Government, not the assessee. The Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal ruled in favor of the assessee based on this exemption, concluding that the assessee was not in non-compliance with the statutory provisions. The court upheld the Appellate Authority's decision, disposing of the appeal in favor of the assessee. en-us Wed, 31 Dec 2014 00:00:00 +0530 Tue, 13 Jan 2015 09:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255274 The court interpreted Section 194A(3)(f) of the Income Tax Act, holding that once the Central Government issued a notification exempting societies wholly funded by the government from TDS deductions, the assessee was not required to deduct TDS. The court emphasized that the reasons for exemption had to be those of the Central Government, not the assessee. The Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal ruled in favor of the assessee based on this exemption, concluding that the assessee was not in non-compliance with the statutory provisions. The court upheld the Appellate Authority's decision, disposing of the appeal in favor of the assessee. Case-Laws Income Tax Wed, 31 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255274