https://www.taxtmi.com/caselaws?id=393080 The ITAT ruled on the liability of interest under section 201(1A) of the Income Tax Act for non-deduction of tax at source on lease rent payments to NOIDA. The appeals were allowed for statistical purposes, and the case was remanded to the AO for verification. The assessee must provide evidence that NOIDA paid the tax and interest to avoid liability. If verified, no liability should be imposed on the assessee. The decision underscores the necessity for the assessee to substantiate claims with relevant evidence to prevent liability under the Act. en-us Fri, 28 Feb 2020 00:00:00 +0530 Wed, 06 Nov 2024 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393080 The ITAT ruled on the liability of interest under section 201(1A) of the Income Tax Act for non-deduction of tax at source on lease rent payments to NOIDA. The appeals were allowed for statistical purposes, and the case was remanded to the AO for verification. The assessee must provide evidence that NOIDA paid the tax and interest to avoid liability. If verified, no liability should be imposed on the assessee. The decision underscores the necessity for the assessee to substantiate claims with relevant evidence to prevent liability under the Act. Case-Laws Income Tax Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393080