Interest Payment Exempt u/s 194A(3)(f), No Default or Interest Levy u/ss 201(1) and 201(1A.

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....TDS u/s 194 - Since this Tribunal has already taken a view that the person to whom interest was paid was falling within the ambit of section 194A(3)(f), there cannot be any order treating the assessee as an assessee in default u/s. 201(1) and also levying interest u/s. 201(1A)....