https://www.taxtmi.com/caselaws?id=58642 The Tribunal held that a trust cannot be treated as an "individual" for tax deduction purposes under section 194A of the Income-tax Act. The trust, in this case, was found liable for not deducting tax at source and interest was justified under section 201(1A) of the Act. The revenue's appeals were allowed, confirming the imposition of interest on the trust for non-compliance with tax deduction obligations. The judgment clarified the distinction between trusts and individuals in the context of tax deduction at source, emphasizing that trusts are not exempt from such obligations as individuals are. en-us Mon, 30 Nov 1992 00:00:00 +0530 Tue, 21 Dec 2010 13:07:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58642 The Tribunal held that a trust cannot be treated as an "individual" for tax deduction purposes under section 194A of the Income-tax Act. The trust, in this case, was found liable for not deducting tax at source and interest was justified under section 201(1A) of the Act. The revenue's appeals were allowed, confirming the imposition of interest on the trust for non-compliance with tax deduction obligations. The judgment clarified the distinction between trusts and individuals in the context of tax deduction at source, emphasizing that trusts are not exempt from such obligations as individuals are. Case-Laws Income Tax Mon, 30 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58642