https://www.taxtmi.com/caselaws?id=364304 The Tribunal dismissed the appeals regarding non-deduction of TDS under Section 194H, upholding the assessee's treatment as 'assessee-in-default' and liability for interest under Section 201(1A). The relationship between the assessee and its distributors was deemed Principal to Agent. The Tribunal directed the AO to recalculate interest under Section 201(1A) due to the assessee not being obligated to deduct TDS on discounts to distributors. The decision aligned with High Court precedents considering distributor discounts as commission subject to TDS under Section 194H. en-us Fri, 20 Jul 2018 00:00:00 +0530 Thu, 26 Jul 2018 08:54:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364304 The Tribunal dismissed the appeals regarding non-deduction of TDS under Section 194H, upholding the assessee's treatment as 'assessee-in-default' and liability for interest under Section 201(1A). The relationship between the assessee and its distributors was deemed Principal to Agent. The Tribunal directed the AO to recalculate interest under Section 201(1A) due to the assessee not being obligated to deduct TDS on discounts to distributors. The decision aligned with High Court precedents considering distributor discounts as commission subject to TDS under Section 194H. Case-Laws Income Tax Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364304