https://www.taxtmi.com/caselaws?id=178416 The Tribunal allowed the appeal, directing a fresh adjudication by the Assessing Officer to determine if the recipient had paid taxes, shifting the burden of proof to the revenue to establish loss of revenue before invoking recovery provisions under sections 201(1) and 201(1A) of the Income Tax Act 1961. The Tribunal emphasized the importance of fair opportunity for the assessee and clarified the compensatory nature of interest liability under section 201(1A), which applies only if the recipient had a tax liability on the payments. en-us Thu, 06 Jun 2013 00:00:00 +0530 Thu, 20 Apr 2017 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178416 The Tribunal allowed the appeal, directing a fresh adjudication by the Assessing Officer to determine if the recipient had paid taxes, shifting the burden of proof to the revenue to establish loss of revenue before invoking recovery provisions under sections 201(1) and 201(1A) of the Income Tax Act 1961. The Tribunal emphasized the importance of fair opportunity for the assessee and clarified the compensatory nature of interest liability under section 201(1A), which applies only if the recipient had a tax liability on the payments. Case-Laws Income Tax Thu, 06 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178416