https://www.taxtmi.com/caselaws?id=448896 The ITAT Delhi remanded the case to the AO for fresh adjudication regarding TDS default u/s 201(1) on payments for X-Ray and CVC machine maintenance. The tribunal found that the CIT(A) failed to properly consider the assessee's contentions and evidence, including the payee's income tax returns showing the amounts were declared and taxes paid. Following the SC precedent in Hindustan Coca Cola, if payees have accounted for received amounts in their returns and paid taxes, the payer cannot be treated as in default u/s 201(1). The appeals were allowed for statistical purposes with all issues left open for fresh consideration. en-us Tue, 30 Jan 2024 00:00:00 +0530 Wed, 31 Jan 2024 19:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448896 The ITAT Delhi remanded the case to the AO for fresh adjudication regarding TDS default u/s 201(1) on payments for X-Ray and CVC machine maintenance. The tribunal found that the CIT(A) failed to properly consider the assessee's contentions and evidence, including the payee's income tax returns showing the amounts were declared and taxes paid. Following the SC precedent in Hindustan Coca Cola, if payees have accounted for received amounts in their returns and paid taxes, the payer cannot be treated as in default u/s 201(1). The appeals were allowed for statistical purposes with all issues left open for fresh consideration. Case-Laws Income Tax Tue, 30 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448896