https://www.taxtmi.com/caselaws?id=209021 The Tribunal allowed the appeal of the assessee, holding that interest under section 234B is not leviable on a non-resident company when all its income is subject to TDS under section 195. The Tribunal emphasized that compliance with tax demands based on the determination under section 195(2) does not imply liability for advance tax. The decision highlights that where a non-resident's entire income is subject to TDS, the obligation to pay advance tax and interest under section 234B does not arise. en-us Tue, 28 Dec 2010 00:00:00 +0530 Thu, 01 Aug 2013 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209021 The Tribunal allowed the appeal of the assessee, holding that interest under section 234B is not leviable on a non-resident company when all its income is subject to TDS under section 195. The Tribunal emphasized that compliance with tax demands based on the determination under section 195(2) does not imply liability for advance tax. The decision highlights that where a non-resident's entire income is subject to TDS, the obligation to pay advance tax and interest under section 234B does not arise. Case-Laws Income Tax Tue, 28 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209021