Entity Not Liable for TDS on Interest if Customers Submit Form 15G/15H u/ss 194A and 201.

TDS on interest u/s 194A - Assessee in default u/s 201 read with section 201(1A) - The customers who have provided Form No. 15G/15H has specifically requests through these forms that TDS should not be deducted on their FDs/respective withdrawals. - Section 201 of the Act cannot be invoked as it is a recovery provision - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X