https://www.taxtmi.com/caselaws?id=71445 The Appellate Tribunal ITAT Pune upheld the interest levy by the ITO under section 201(1A) of the Income-tax Act, 1961 for various assessment years. The Tribunal found the assessee's failure to deduct interest at source in accordance with section 194A unjustified, emphasizing compliance with tax deduction provisions. Disagreeing with the CIT(Appeals), the Tribunal ruled in favor of the revenue, directing the ITO to calculate and levy interest on the undeducted amounts based on specified dates for each assessment year. en-us Fri, 20 Mar 1992 00:00:00 +0530 Sat, 23 Apr 2011 14:48:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71445 The Appellate Tribunal ITAT Pune upheld the interest levy by the ITO under section 201(1A) of the Income-tax Act, 1961 for various assessment years. The Tribunal found the assessee's failure to deduct interest at source in accordance with section 194A unjustified, emphasizing compliance with tax deduction provisions. Disagreeing with the CIT(Appeals), the Tribunal ruled in favor of the revenue, directing the ITO to calculate and levy interest on the undeducted amounts based on specified dates for each assessment year. Case-Laws Income Tax Fri, 20 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71445