TDS Not Applicable on Lease Rent to UPSIDC; Assessee Not in Default u/s 194I; No Interest Charged.

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....TDS u/s 194I on payment of annual lease rent aid to UPSIDC - assessee in default - the deductee has shown the amount paid as income and also paid taxes thereon, therefore, the assessee cannot be treated as ‘assessee-indefault’ and consequently, no interest u/s.201(1A) can be charged.....