https://www.taxtmi.com/caselaws?id=307723 The Tribunal partly allowed the appeal, emphasizing the importance of verifying recipients' taxable income and tax payments to determine the appellant's liability for tax deduction at source. The Assessing Officer was directed to verify if recipients had taxable income and paid taxes on interest income, stating that if recipients were not liable for taxation, the appellant was not required to pay tax deducted under section 201 of the Act. en-us Fri, 19 Feb 2016 00:00:00 +0530 Tue, 02 May 2023 21:34:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307723 The Tribunal partly allowed the appeal, emphasizing the importance of verifying recipients' taxable income and tax payments to determine the appellant's liability for tax deduction at source. The Assessing Officer was directed to verify if recipients had taxable income and paid taxes on interest income, stating that if recipients were not liable for taxation, the appellant was not required to pay tax deducted under section 201 of the Act. Case-Laws Income Tax Fri, 19 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307723