https://www.taxtmi.com/caselaws?id=347822 The Tribunal ruled in favor of the assessee, holding that they could not be treated as an assessee in default under sections 201 and 201(1A) of the Income Tax Act for payments made to Gujarat Enviro Protection and Infrastructure Limited (GEPIL). The Tribunal found that the assessee was not responsible for deducting TDS on these payments as they were acting as a custodian of government funds and not directly liable for the payments under the Concession Agreement. The Tribunal also directed a reassessment of certain issues related to TDS liability and interest, emphasizing the importance of proper verification and adherence to legal provisions. en-us Fri, 08 Sep 2017 00:00:00 +0530 Mon, 11 Sep 2017 21:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347822 The Tribunal ruled in favor of the assessee, holding that they could not be treated as an assessee in default under sections 201 and 201(1A) of the Income Tax Act for payments made to Gujarat Enviro Protection and Infrastructure Limited (GEPIL). The Tribunal found that the assessee was not responsible for deducting TDS on these payments as they were acting as a custodian of government funds and not directly liable for the payments under the Concession Agreement. The Tribunal also directed a reassessment of certain issues related to TDS liability and interest, emphasizing the importance of proper verification and adherence to legal provisions. Case-Laws Income Tax Fri, 08 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347822