https://www.taxtmi.com/caselaws?id=64624 The appeals were allowed in favor of the assessee. The assessing officer had jurisdiction to levy interest under section 201(1A) as the monthly returns for tax deductions were filed with that officer. The Department's power to recover short deductions at source was not time-barred, but interest could only be levied for the recoverable period. The tribunal held that in cases not involving delayed deposits, it was necessary to issue a show cause notice before levying interest. Since no evidence showed insufficient deductions, the order of interest levy was set aside. en-us Fri, 05 Dec 1980 00:00:00 +0530 Wed, 09 Feb 2011 10:46:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64624 The appeals were allowed in favor of the assessee. The assessing officer had jurisdiction to levy interest under section 201(1A) as the monthly returns for tax deductions were filed with that officer. The Department's power to recover short deductions at source was not time-barred, but interest could only be levied for the recoverable period. The tribunal held that in cases not involving delayed deposits, it was necessary to issue a show cause notice before levying interest. Since no evidence showed insufficient deductions, the order of interest levy was set aside. Case-Laws Income Tax Fri, 05 Dec 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64624