https://www.taxtmi.com/caselaws?id=19402 The court held that section 194A of the Income-tax Act, 1961 was not applicable to the petitioners' case involving trustees' liability to deduct and pay tax on interest amounts. Consequently, the alleged offenses under section 276B read with section 278B of the Act were deemed baseless. The court quashed the process against the accused, leading to the dismissal of the complaints. It clarified that trustees were not liable under section 194A in this context. en-us Tue, 14 Dec 1993 00:00:00 +0530 Fri, 06 Nov 2009 10:15:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19402 The court held that section 194A of the Income-tax Act, 1961 was not applicable to the petitioners' case involving trustees' liability to deduct and pay tax on interest amounts. Consequently, the alleged offenses under section 276B read with section 278B of the Act were deemed baseless. The court quashed the process against the accused, leading to the dismissal of the complaints. It clarified that trustees were not liable under section 194A in this context. Case-Laws Income Tax Tue, 14 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19402