https://www.taxtmi.com/caselaws?id=261399 The Tribunal upheld the CIT(A)'s decision to delete additions related to short deductions and interest under sections 201 and 201(1A) in a dispute over TDS provisions for hiring buses. It determined that section 194C applied instead of section 194-I, as the contracts were primarily for transport services. In another matter, the Tribunal remanded the issue of applying the average TDS rate for salary payments back to the AO for the assessee to provide evidence. The revenue's appeals were dismissed, and the assessee's appeals were allowed for statistical purposes, stressing the importance of correctly interpreting TDS provisions and substantiating claims for TDS deductions and interest. en-us Wed, 29 Apr 2015 00:00:00 +0530 Sat, 11 Jul 2015 05:56:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261399 The Tribunal upheld the CIT(A)'s decision to delete additions related to short deductions and interest under sections 201 and 201(1A) in a dispute over TDS provisions for hiring buses. It determined that section 194C applied instead of section 194-I, as the contracts were primarily for transport services. In another matter, the Tribunal remanded the issue of applying the average TDS rate for salary payments back to the AO for the assessee to provide evidence. The revenue's appeals were dismissed, and the assessee's appeals were allowed for statistical purposes, stressing the importance of correctly interpreting TDS provisions and substantiating claims for TDS deductions and interest. Case-Laws Income Tax Wed, 29 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261399