https://www.taxtmi.com/caselaws?id=436785 The appeal centered on the deletion of a demand raised due to non-deduction of TDS on certain expenses. The ld. CIT(A) upheld the deletion of the demand under u/s. 201(1) of the Act, citing that payees had accounted for the income in their tax returns, causing no loss to the exchequer. However, the interest under u/s. 201(1A) of the Act was maintained as the TDS amount was delayed until payees filed their returns. The revenue's appeal was dismissed, confirming relief on the demand but upholding interest payment. The decision was pronounced on 18/04/2023. en-us Tue, 18 Apr 2023 00:00:00 +0530 Wed, 19 Apr 2023 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436785 The appeal centered on the deletion of a demand raised due to non-deduction of TDS on certain expenses. The ld. CIT(A) upheld the deletion of the demand under u/s. 201(1) of the Act, citing that payees had accounted for the income in their tax returns, causing no loss to the exchequer. However, the interest under u/s. 201(1A) of the Act was maintained as the TDS amount was delayed until payees filed their returns. The revenue's appeal was dismissed, confirming relief on the demand but upholding interest payment. The decision was pronounced on 18/04/2023. Case-Laws Income Tax Tue, 18 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436785