https://www.taxtmi.com/caselaws?id=185876 The appeal by the revenue against the cancellation of the order under section 201(1) for failure to deduct TDS on interest accrued on a fixed deposit was dismissed. The CIT(A) upheld the decision, stating that the income was exempt under section 10(23C)(iiiab), and therefore, there was no requirement for TDS. The judgment emphasized the importance of relevant sections such as 194A, 197A(1B), and 10(23C)(iiiab) in determining TDS applicability when income is exempt. en-us Tue, 25 May 2010 00:00:00 +0530 Thu, 01 Sep 2016 12:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185876 The appeal by the revenue against the cancellation of the order under section 201(1) for failure to deduct TDS on interest accrued on a fixed deposit was dismissed. The CIT(A) upheld the decision, stating that the income was exempt under section 10(23C)(iiiab), and therefore, there was no requirement for TDS. The judgment emphasized the importance of relevant sections such as 194A, 197A(1B), and 10(23C)(iiiab) in determining TDS applicability when income is exempt. Case-Laws Income Tax Tue, 25 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185876