TDS Demand Quashed: No Proof of Cash Payment; Section 194-IA Liability Not Automatic

Simmi Gupta Vs DCIT/ACIT (TDS) (ITAT Chandigarh) The Chandigarh Bench of the Income Tax Appellate Tribunal examined an appeal against an order confirming liability under sections 201(1) and 201(1A) of the Income Tax Act, 1961 for alleged failure to deduct tax at source on purchase of immovable property under section 194-IA. The case arose from information received during a search conducted in another group, based on which the Assessing Officer alleged that the assessee had jointly purchased a flat and made part of the consideration in cash without deducting TDS. Show cause proceedings were ini...