https://www.taxtmi.com/caselaws?id=69966 The case involved issues regarding non-deduction of tax at source under Section 194A and the levy of interest under Section 201(1A). The Judicial Member upheld the tax department's decisions, emphasizing the obligation to deduct tax. However, the Accountant Member disagreed, citing the Tribunal's previous decision and Supreme Court rulings. The Third Member sided with the Accountant Member, stating that no interest was actually paid to the creditors. Ultimately, the majority opinion favored the assessee, ruling in their favor and setting aside the interest levy under Section 201(1A). en-us Fri, 12 Oct 1984 00:00:00 +0530 Wed, 13 Apr 2011 11:19:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69966 The case involved issues regarding non-deduction of tax at source under Section 194A and the levy of interest under Section 201(1A). The Judicial Member upheld the tax department's decisions, emphasizing the obligation to deduct tax. However, the Accountant Member disagreed, citing the Tribunal's previous decision and Supreme Court rulings. The Third Member sided with the Accountant Member, stating that no interest was actually paid to the creditors. Ultimately, the majority opinion favored the assessee, ruling in their favor and setting aside the interest levy under Section 201(1A). Case-Laws Income Tax Fri, 12 Oct 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69966