https://www.taxtmi.com/highlights?id=77659 The ITAT Ahmedabad, in proceedings u/s 201(1) and 201(1A), found the assessee-in-default for non-deduction of TDS u/s 194IA on property purchases. The assessee failed to provide evidence to support eligibility for proviso to Section 201(1), leading to dismissal of appeal. Interest u/s 201(1A) upheld till payee's return filing. Penalty u/s 271(c) for non-deduction of TDS u/s 194-IA was deemed justified. The appeal was decided against the assessee. en-us Wed, 22 May 2024 06:57:04 +0530 Wed, 22 May 2024 06:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=77659 The ITAT Ahmedabad, in proceedings u/s 201(1) and 201(1A), found the assessee-in-default for non-deduction of TDS u/s 194IA on property purchases. The assessee failed to provide evidence to support eligibility for proviso to Section 201(1), leading to dismissal of appeal. Interest u/s 201(1A) upheld till payee's return filing. Penalty u/s 271(c) for non-deduction of TDS u/s 194-IA was deemed justified. The appeal was decided against the assessee. Highlights Income Tax Wed, 22 May 2024 06:57:04 +0530 https://www.taxtmi.com/highlights?id=77659