https://www.taxtmi.com/caselaws?id=271198 The Tribunal set aside some defaults for verification, upheld others, and allowed the appeal for statistical purposes. The assessee challenged the decision regarding invalid PAN and non-availability of PAN, citing efforts to rectify and impact on employees. The Tribunal found most defaults rectified but some due to employee non-compliance. It emphasized correct tax computation under Section 206AA, criticizing the flat 20% rate application without considering other rates. The issue was remitted for reevaluation, stressing the importance of accurate TDS calculations and avoiding arbitrary flat rate application by revenue authorities. en-us Fri, 22 Jan 2016 00:00:00 +0530 Fri, 29 Jan 2016 01:04:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271198 The Tribunal set aside some defaults for verification, upheld others, and allowed the appeal for statistical purposes. The assessee challenged the decision regarding invalid PAN and non-availability of PAN, citing efforts to rectify and impact on employees. The Tribunal found most defaults rectified but some due to employee non-compliance. It emphasized correct tax computation under Section 206AA, criticizing the flat 20% rate application without considering other rates. The issue was remitted for reevaluation, stressing the importance of accurate TDS calculations and avoiding arbitrary flat rate application by revenue authorities. Case-Laws Income Tax Fri, 22 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271198