Non-compliance of Section 194H by assessee attracts rigor of Section 201

The Director, Prasar Bharati Vs. CIT (Supreme Court Of India) In our considered view, the High Court was right in holding that the provisions of Section 194H are applicable to the appellant because the payments made by the appellant pursuant to the agreement in question were in the nature of payment made by way of “commission” and, therefore, the appellant was under statutory obligation to deduct the income tax at the time of credit or/and payment to the payee. The aforementioned conclusion of the High Court is clear from the undisputed facts emerging from the record of the case be...