Non-appearance before Appellate Authority is not Wanton Act: ITAT Allows TDS Liability u/S 201(1) of Income Tax Act [Read Order]
ITAT ruled that non-appearance before the appellate authority is not a wanton act and, consequently, allowed the Tax Deducted at Source (TDS) liability under section 201(1) of the Income Tax Act, 1961
The Income Tax Appellate Tribunal (ITAT) ruled that non-appearance before the appellate authority is not a wanton act and, consequently, allowed the Tax Deducted at Source ( TDS ) liability under section 201(1) of the Income Tax Act, 1961 The assessee, identified as a securitization trust and overseen by M/s IDBI Trusteeship Service Ltd., is…
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