https://www.taxtmi.com/caselaws?id=210304 The appeal filed by the assessee was allowed for statistical purposes, remanding the case back to the Assessing Officer for further examination of the tax deduction process. The Tribunal emphasized that interest under section 201(1A) is mandatory if the employer fails to deduct tax as required by law, even if penalties under section 201(1) are waived for valid reasons. The Tribunal highlighted the importance of regular and accurate tax deductions throughout the financial year to avoid interest charges under section 201(1A). en-us Fri, 08 Jul 2011 00:00:00 +0530 Fri, 25 May 2012 13:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210304 The appeal filed by the assessee was allowed for statistical purposes, remanding the case back to the Assessing Officer for further examination of the tax deduction process. The Tribunal emphasized that interest under section 201(1A) is mandatory if the employer fails to deduct tax as required by law, even if penalties under section 201(1) are waived for valid reasons. The Tribunal highlighted the importance of regular and accurate tax deductions throughout the financial year to avoid interest charges under section 201(1A). Case-Laws Income Tax Fri, 08 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210304