2025 (7) TMI 746

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....e Revenue against the common order of the CIT(A) dated 05.03.2025, wherein relief was granted to the assessee. First, we take ITA No.314/Coch/2025 for narration of facts. 2. ITA No.314/Coch/2025 - In this case, the Income Tax Department, based on information in its possession, found that the deductor (assessee) had failed to comply with the provisions of Section 194B of the Income-tax Act, 1961 (....

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....shold prescribed under Section 194B was indeed crossed in each transaction. The Revenue further submitted that the CIT(A) erred in allowing the appeal without considering that each transaction of prize distribution, if exceeding the threshold, attracts TDS liability under Chapter XVII of the Act. 5. We, after hearing the ld. DR and perusal of the material available on record, find that at the tim....