https://www.taxtmi.com/caselaws?id=768301 ITAT Ahmedabad allowed the appeal regarding TDS provisions under section 194IA. The assessee made payments of Rs. 21,83,680 and Rs. 31,83,680 to separate sellers, both below the Rs. 50,00,000 threshold. Following precedent in Bhikhabhai H. Patel, the tribunal held section 194IA was not applicable. The AO incorrectly treated the assessee as in default under section 201(1) for non-deduction of tax. CIT(A) failed to address the legal issues and applicable precedents. The tribunal deleted the demand under sections 201(1) and 201(1A), rendering penalty and other grounds academic. en-us Wed, 02 Apr 2025 00:00:00 +0530 Fri, 04 Apr 2025 07:15:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768301 ITAT Ahmedabad allowed the appeal regarding TDS provisions under section 194IA. The assessee made payments of Rs. 21,83,680 and Rs. 31,83,680 to separate sellers, both below the Rs. 50,00,000 threshold. Following precedent in Bhikhabhai H. Patel, the tribunal held section 194IA was not applicable. The AO incorrectly treated the assessee as in default under section 201(1) for non-deduction of tax. CIT(A) failed to address the legal issues and applicable precedents. The tribunal deleted the demand under sections 201(1) and 201(1A), rendering penalty and other grounds academic. Case-Laws Income Tax Wed, 02 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768301