Assessee, a builder, had taken registration amount from applicants for allotment of plots/flats.  He could not allot plots/flats on time and, hence, had to pay compensation/damages for non-compliance. Assessing Officer held that the assessee had paid interest as per copy of account obtained during survey proceedings under section 133A, however, nomenclature of said expenses had been changed to compensation on cancellation of plots/flats after such survey proceedings. Assessee contended that he had deducted TDS under section 194A incorrectly treating amount of compensation as interest under inadvertent mistake which was later on corrected by tax consultant.CIT(A) confirmed the order of the Assessing Officer.  On appeal the Tribunal held that   amount of payment/compensation for delayed allotment of plot of land was not interest under section 2(28A) since there was neither any borrowings of money nor was there incurring of debt on part of assessee  provisions of section 194A would not apply on said payment/compensation. Followed   PCIT v. West Bengal Housing Infrastructure Development Corpn. Ltd (2018) 257 Taxman 610 / (2019)413 ITR 82 (Cal)(HC).  Tribunal also held that merely because in earlier point of time under an advertent mistake, assessee was treating such payment as interest, he could not be compelled to commit same mistake continuously after advice of tax consultant and, thus, such inadvertent mistake of assessee did not entitle Assessing Officer to treat assessee-in-default for taking action against assessee on account of non-deduction of TDS under section 194A. (AY. 2015-16)