https://www.taxtmi.com/caselaws?id=752966 ITAT Ahmedabad upheld AO's determination that assessee was in default under Section 201(1) for non-deduction of TDS under Section 194IA on property purchases. Despite multiple adjournments, assessee failed to provide evidence supporting eligibility for First Proviso to Section 201(1) exemption. Tribunal confirmed liability for interest under Section 201(1A) until deductee filed return and upheld penalty under Section 271C for TDS non-compliance. Appeal dismissed against assessee. en-us Mon, 20 May 2024 00:00:00 +0530 Wed, 22 May 2024 06:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752966 ITAT Ahmedabad upheld AO's determination that assessee was in default under Section 201(1) for non-deduction of TDS under Section 194IA on property purchases. Despite multiple adjournments, assessee failed to provide evidence supporting eligibility for First Proviso to Section 201(1) exemption. Tribunal confirmed liability for interest under Section 201(1A) until deductee filed return and upheld penalty under Section 271C for TDS non-compliance. Appeal dismissed against assessee. Case-Laws Income Tax Mon, 20 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752966