https://www.taxtmi.com/article/detailed?id=2104 When tax is not deducted at source the recipient remains obligated to pay the tax directly, while the person required to deduct is exposed primarily to liability for simple interest and potential penalties for failure to deduct or remit. Courts read the withholding regime harmoniously to confine recovery of the principal tax to the assessee unless statutory provisions allow otherwise; legislative provisos permit the deductor to avoid being deemed in default where the resident deductee has filed a return, included the sum, paid the tax and furnished an accountant's certificate, with corresponding limits on penalty and interest. en-us Thu, 11 Apr 2013 12:07:36 +0530 Thu, 11 Apr 2013 12:07:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2104 When tax is not deducted at source the recipient remains obligated to pay the tax directly, while the person required to deduct is exposed primarily to liability for simple interest and potential penalties for failure to deduct or remit. Courts read the withholding regime harmoniously to confine recovery of the principal tax to the assessee unless statutory provisions allow otherwise; legislative provisos permit the deductor to avoid being deemed in default where the resident deductee has filed a return, included the sum, paid the tax and furnished an accountant's certificate, with corresponding limits on penalty and interest. Articles Income Tax Thu, 11 Apr 2013 12:07:36 +0530 https://www.taxtmi.com/article/detailed?id=2104