2025 (8) TMI 59

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....d the impugned Demand Notice issued pursuant thereto under Section 156. The impugned Orders and the Demand Notice are both dated 25th March 2025. Along with the impugned Order and the Demand Notice, a Penalty Notice under Section 274 read with Section 271C dated 16th April 2025 is also impugned in the present Writ Petition. 2. By the impugned Order, the Petitioner has been held as an Assessee in default for not deducting TDS under Section 194C, at the time of issuing Transferrable Development Rights (TDR) to the developer as per the instructions of the Slum Rehabilitation Authority, and which was implementing a Slum Scheme on a particular plot of land. The other reason for holding the Petitioner as an Assessee in default is because the Pet....

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.... Section 194B and other is Section 194R. Section 194B deals with winnings from lottery or crossword puzzles. The Petitioner submitted that Section 194B stipulates that where any person is responsible for payment to any other person any income from winning a lottery, or a crossword puzzle, or a card game, or other game of any sort, or from gambling or betting of any form or nature whatsoever, being the amount (in respect of a single transaction) exceeding ten thousand rupees shall, at the time of payment thereof, deduct income tax thereon at the rates in force. However, the proviso to Section 194B stipulates that in a case where winnings are wholly in kind or partly in cash and partly in kind, but the part in cash is not sufficient to meet t....