Assessee Not Liable for Tax Deduction if Unaware of Lenders' Identity u/s 194A of Income Tax Act.

TDS u/s 194A - identity of the lenders were not known - in the event it is ultimately found that at the time of paying the borrowing fee to NSCCL or even prior to it, the assessee was unaware of the identity and other details of the lenders, then it cannot be fastened with the liability of deduction of tax under section 194A - AT .....

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