https://www.taxtmi.com/caselaws?id=57512 The case involved a trust that failed to deduct tax at source as required by section 194A. The dispute centered on whether the trust should be treated as an individual for tax purposes. The ITAT ruled in favor of the Department, holding that the trust, not the trustees, was responsible for tax deduction. The ITAT equated the trust with its beneficiaries, treating it as an individual, and canceled the interest and penalty imposed by the Assessing Officer. The decision affirmed the CIT(A)'s ruling, dismissing the departmental appeals and allowing the assessee's cross-objections. en-us Thu, 09 Nov 1995 00:00:00 +0530 Fri, 10 Dec 2010 15:36:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57512 The case involved a trust that failed to deduct tax at source as required by section 194A. The dispute centered on whether the trust should be treated as an individual for tax purposes. The ITAT ruled in favor of the Department, holding that the trust, not the trustees, was responsible for tax deduction. The ITAT equated the trust with its beneficiaries, treating it as an individual, and canceled the interest and penalty imposed by the Assessing Officer. The decision affirmed the CIT(A)'s ruling, dismissing the departmental appeals and allowing the assessee's cross-objections. Case-Laws Income Tax Thu, 09 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57512