SC LTC Ruling Cannot Retrospectively Create TDS Default: ITAT Ahmedabad

State Bank of India Currency Vs ITO (ITAT Ahmedabad) ITAT Deletes TDS Default Demand Because Bank Followed Binding High Court Interim Orders; No Section 201 Liability on LTC Payments Because Judicial Orders Restrained TDS Deduction; ITAT Holds Assessee Cannot Be Treated in Default Because TDS Obligation Yielded to Court Orders; TDS Demand on Foreign-Leg LTC Payments Deleted Because Bank Acted Under Interim Judicial Protection. The ITAT Ahmedabad considered two appeals filed by the assessee against orders of the Commissioner of Income Tax (Appeals) for Assessment Years 2016-17 and 2017-18 con...