In the result, the appeal of the assessee is partly allowed for statistical purposes
Bench: Shri Vijay Pal Rao, Hon’Ble & Shri G. Manjunatha, Hon’Bleassessment Year: 2021-22 Cyient Limited, Vs. The Deputy Commissioner Of Income Tax, Circle 1 (1), Hyderabad. Hyderabad. Apn : Aaac14887J
194I of the Act, where the assessee is required to deduct TDS on the total payments made by the payee but under provisions of Section 192 only, in case payment comes under taxable net, then TDS needs to be deducted. Since the assessee claims that in many of the employees’ cases, the income does not exceed the taxable