https://www.taxtmi.com/caselaws?id=185984 The ITAT dismissed both appeals, upholding the CIT(A)'s decisions on tax deduction issues related to interest payments. It confirmed that tax was not required to be deducted on interest paid to various parties except in specific cases where tax deduction was necessary due to non-exempt status under the Income Tax Act. The tax liabilities were upheld for interest payments to parties like PEC University of Technology (Pension Fund Trust) where tax deduction was deemed necessary as the income was not exempted. en-us Wed, 15 Apr 2015 00:00:00 +0530 Mon, 05 Sep 2016 12:40:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185984 The ITAT dismissed both appeals, upholding the CIT(A)'s decisions on tax deduction issues related to interest payments. It confirmed that tax was not required to be deducted on interest paid to various parties except in specific cases where tax deduction was necessary due to non-exempt status under the Income Tax Act. The tax liabilities were upheld for interest payments to parties like PEC University of Technology (Pension Fund Trust) where tax deduction was deemed necessary as the income was not exempted. Case-Laws Income Tax Wed, 15 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185984