https://www.taxtmi.com/caselaws?id=410300 The Tribunal allowed the Assessee's appeals, quashing the orders under sections 201(1) and 201(1A) of the Income Tax Act. The Tribunal held that the delay in filing the appeal was not willful and should be decided on merits. It was determined that the Assessee, a local authority providing Development Right's Certificates for land acquisition, was not liable to deduct tax at source under section 194LA as there was no cash consideration involved in the transaction, aligning with a previous High Court decision in the Assessee's favor. en-us Wed, 28 Jul 2021 00:00:00 +0530 Wed, 28 Jul 2021 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410300 The Tribunal allowed the Assessee's appeals, quashing the orders under sections 201(1) and 201(1A) of the Income Tax Act. The Tribunal held that the delay in filing the appeal was not willful and should be decided on merits. It was determined that the Assessee, a local authority providing Development Right's Certificates for land acquisition, was not liable to deduct tax at source under section 194LA as there was no cash consideration involved in the transaction, aligning with a previous High Court decision in the Assessee's favor. Case-Laws Income Tax Wed, 28 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410300