Payment to Allottees as Compensation, Not Interest: TDS Provisions of Section 194A Income Tax Act Inapplicable.

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....TDS u/s 194A - the impugned payment is nothing but compensation/damages paid by the assessee to its allottees which cannot be tagged as interest u/s. 2(28A) - TDS provision of section 194A of the Act is not applicable towards such payment. - AT....