Case Law Details
Case Name : Allahabad Bank Vs ITO (ITAT Delhi)
Related Assessment Year : 2014-15
Courts :
All ITAT ITAT Delhi
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Allahabad Bank Vs ITO (ITAT Delhi)
Conclusion: Asessee-bank had not deducted TDS under section 194A in respect of customers who had provided Form No. 15G and 15H as the prime responsibility relating to TDS deduction u/s 201 was of the recipient assessee to pay the tax directly once they filed From No. 15G/15H and any tax liability would be held as pending in recipient assessee’s cases and hence Section 201 of the Act could not be invoked as it was a recovery provision.
Held: During the course of its financial business, assessee having deposits on which the interest was paid. As per...
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Whether for Annual Rental Income of Rs470000/
15 G can be filed with Bank by Landlord