SUBHASH CHAND JAIN ,JODHPUR vs. ACIT, CIRCLE-1, JODHPUR

In the result the appeal of the assessee is allowed

Bench: Shri Sandeep Gosain & Shri Manoj Kumar Aggarwal

Section 197A by the recipient to the payer along with his/her PAN, then no tax is deductible if the conditions as laid down are satisfied. In the instant case admittedly the recipient i.e. Smt Mona Jain has submitted declaration in Form No 15H for non deduction of TDS on interest paid to her. The assessee has submitted the copy