PUNJAB NATIONAL BANK,NER CHOWK vs. ITO(TDS), MANDI

Aforesaid appeal by assessee for Assessment Year (AY) 2016-17 arises out of an order of learned Addl. / Joint Commissioner of Income Tax (Appeals)-1, Pune [CIT(A)] dated 16-09-2024 in the matter of an order passed by Ld. Assessing Officer [AO] u/s. 201(1) / 201(1A) of the Act on 12-07-2018 raising demand of Rs.7,48,060/- against the assessee holding it to be an assessee-in-default. The registry has noted delay of 23 days in filing of appeal, which stand condoned.

Upon perusal of order of Ld. AO, it could be seen that the demand has been raised for non-deduction of TDS u/s 194A and it was observed by Ld. AO that Form No.15G / 15H as filed by the assessee did not have complete particulars. The Ld. CIT(A) confirmed the demand against which the assessee is in further appeal before us. 3. Upon perusal of assessee’s paper book, it could be seen that the assessee has furnished the copies of Form No.15G / 15H having requisite details wherein all the columns have duly been filled up as required. We also find that similar demand was raised against the assessee for AYs 2013-14 & 2014-15 and the assessee filed similar documents to Ld. CIT(A). Considering the same, Ld. CIT(A) has deleted the demand raised against the assessee in those years. Similar documents have been filed by the assessee in this year, the copies of which have also been placed on records. These documents have not, at all, been considered by Ld. CIT(A) in this year. After considering these documents, there could be no occasion to confirm the impugned demand in this year. Accordingly, we delete the impugned demand as raised against the assessee. 4. The appeal stand allowed. Order Pronounced on 04-08-2025. (LALIET KUMAR) (MANOJ KUMAR AGGARWAL) JUDICIAL MEMBER ACCOUNTANT MEMBER