No TDS default if recipient paid tax on income

ACIT Vs Chaitanya Educational Trust (ITAT Hyderabad) Since the assessee has filed the certificates of the recipients with proof that the recipients have offered the income to tax in their hands, the assessee shall not be treated as an assessee in default u/s 201(1) of the Act. FULL TEXT OF THE ITAT JUDGMENT All are Revenue’s appeals for the A.Ys 2012-13 to 2015-16 against the order of the CIT (A)-8, Hyderabad dated 10.06.2016 deleting the penalty levied by the AO u/s 271C of the I.T. Act. 2. Brief facts of the case are that the assessee Trust, which is in the business of running educational ...