https://www.taxtmi.com/caselaws?id=404998 The Tribunal allowed the appeals of the assessee, determining that UISPL cannot be considered an 'assessee in default' under section 201(1) for failing to deduct tax at source under section 194C. UISPL was found not to be the person responsible for paying under section 204, and section 194C was deemed inapplicable to the transactions in question. The Tribunal also noted a violation of natural justice in enhancing the assessment without proper opportunity. The levy of interest under section 201(1A) was considered consequential, and the initiation of penalty proceedings under section 271C was deemed premature. en-us Thu, 04 Mar 2021 00:00:00 +0530 Tue, 09 Mar 2021 08:49:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404998 The Tribunal allowed the appeals of the assessee, determining that UISPL cannot be considered an 'assessee in default' under section 201(1) for failing to deduct tax at source under section 194C. UISPL was found not to be the person responsible for paying under section 204, and section 194C was deemed inapplicable to the transactions in question. The Tribunal also noted a violation of natural justice in enhancing the assessment without proper opportunity. The levy of interest under section 201(1A) was considered consequential, and the initiation of penalty proceedings under section 271C was deemed premature. Case-Laws Income Tax Thu, 04 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404998