https://www.taxtmi.com/caselaws?id=450931 The Tribunal, following the High Court's directive, instructed the Assessing Officer to verify the authenticity of the certificate issued under section 195(3) of the Income Tax Act, 1961. If the certificate is confirmed genuine, the remittances to the foreign entity will be exempt from tax deduction at source (TDS), invalidating the order under section 201(1A). Consequently, the assessee's appeal was allowed, relieving them from liability as an assessee in default under section 201(1). en-us Tue, 13 Feb 2024 00:00:00 +0530 Fri, 15 Mar 2024 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450931 The Tribunal, following the High Court's directive, instructed the Assessing Officer to verify the authenticity of the certificate issued under section 195(3) of the Income Tax Act, 1961. If the certificate is confirmed genuine, the remittances to the foreign entity will be exempt from tax deduction at source (TDS), invalidating the order under section 201(1A). Consequently, the assessee's appeal was allowed, relieving them from liability as an assessee in default under section 201(1). Case-Laws Income Tax Tue, 13 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450931