https://www.taxtmi.com/caselaws?id=751703 ITAT Patna held that commission paid by assessee corporation to Primary Agriculture Cooperative Society (PACS) acting as agents is liable for TDS under section 194H. The tribunal noted that assessee lacked proper hearing opportunity and AO calculated TDS at maximum 20% rate due to non-availability of PAN, despite PACS having bank accounts. Commission calculation using Rs. 31.25/- rate finalized in 2013 for FY 2011-12 was incorrect. Matter restored to AO for proper verification of commission amount and correct TDS calculation, with assessee directed to provide full cooperation. en-us Fri, 19 Apr 2024 00:00:00 +0530 Tue, 23 Apr 2024 18:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751703 ITAT Patna held that commission paid by assessee corporation to Primary Agriculture Cooperative Society (PACS) acting as agents is liable for TDS under section 194H. The tribunal noted that assessee lacked proper hearing opportunity and AO calculated TDS at maximum 20% rate due to non-availability of PAN, despite PACS having bank accounts. Commission calculation using Rs. 31.25/- rate finalized in 2013 for FY 2011-12 was incorrect. Matter restored to AO for proper verification of commission amount and correct TDS calculation, with assessee directed to provide full cooperation. Case-Laws Income Tax Fri, 19 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751703