https://www.taxtmi.com/caselaws?id=206806 The Tribunal upheld the CIT(A)'s decision, dismissing the revenue's appeals. The Tribunal found that the VRS scheme conformed with Rule 2BA and that the company acted in good faith regarding TDS deductions. The company was not treated as in default for non-deduction of tax at source, and interest under Section 201(1A) was charged as necessary. The appeals were dismissed on 22.10.2010. en-us Fri, 22 Oct 2010 00:00:00 +0530 Thu, 17 Nov 2011 08:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206806 The Tribunal upheld the CIT(A)'s decision, dismissing the revenue's appeals. The Tribunal found that the VRS scheme conformed with Rule 2BA and that the company acted in good faith regarding TDS deductions. The company was not treated as in default for non-deduction of tax at source, and interest under Section 201(1A) was charged as necessary. The appeals were dismissed on 22.10.2010. Case-Laws Income Tax Fri, 22 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206806