https://www.taxtmi.com/caselaws?id=441243 The Tribunal allowed the Revenue's appeal for statistical purposes, directing the AO to decide the issue afresh after providing a reasonable opportunity to the assessee to explain its case. The CIT(A) quashed the AO's order, noting that the issue of TDS on year-end provisions is a subject of litigation and cannot be rectified u/s 154. The CIT(A) found that the AO's order adding interest u/s 201(1)/201(1A) was consequential to the issue of year-end provisions and held it unjustified. The Tribunal restored the issue to the AO for fresh consideration in accordance with the law. en-us Tue, 01 Aug 2023 00:00:00 +0530 Fri, 04 Aug 2023 07:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441243 The Tribunal allowed the Revenue's appeal for statistical purposes, directing the AO to decide the issue afresh after providing a reasonable opportunity to the assessee to explain its case. The CIT(A) quashed the AO's order, noting that the issue of TDS on year-end provisions is a subject of litigation and cannot be rectified u/s 154. The CIT(A) found that the AO's order adding interest u/s 201(1)/201(1A) was consequential to the issue of year-end provisions and held it unjustified. The Tribunal restored the issue to the AO for fresh consideration in accordance with the law. Case-Laws Income Tax Tue, 01 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441243