https://www.taxtmi.com/caselaws?id=761707 The ITAT Delhi addressed chargeability of tax under section 201(1) and interest under section 201(1A) regarding External Development Charges paid to HUDA requiring TDS deduction. The tribunal found the assessee deserved reasonable opportunity to be heard and Revenue needed to verify EDC amounts paid. Without commenting on merits, ITAT set aside the impugned order and remitted the matter to the Assessing Officer for proper verification of EDC quantum and appropriate action. The appeal was allowed for statistical purposes with directions for compliance during set-aside proceedings. en-us Wed, 13 Nov 2024 00:00:00 +0530 Fri, 15 Nov 2024 08:45:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761707 The ITAT Delhi addressed chargeability of tax under section 201(1) and interest under section 201(1A) regarding External Development Charges paid to HUDA requiring TDS deduction. The tribunal found the assessee deserved reasonable opportunity to be heard and Revenue needed to verify EDC amounts paid. Without commenting on merits, ITAT set aside the impugned order and remitted the matter to the Assessing Officer for proper verification of EDC quantum and appropriate action. The appeal was allowed for statistical purposes with directions for compliance during set-aside proceedings. Case-Laws Income Tax Wed, 13 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761707