https://www.taxtmi.com/forum/issue?id=4423 Employer deducted TDS on salary but bank interest increased taxable income; the deductor is not liable to pay interest under provisions imposing interest for underpayment or delay of tax by the taxpayer, and the only liability for the deductor is interest arising from short or late deduction/ payment of TDS under the provision addressing tax not deducted or not paid. en-us Wed, 25 Jul 2012 16:18:14 +0530 Thu, 23 Jan 2025 15:57:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4423 Employer deducted TDS on salary but bank interest increased taxable income; the deductor is not liable to pay interest under provisions imposing interest for underpayment or delay of tax by the taxpayer, and the only liability for the deductor is interest arising from short or late deduction/ payment of TDS under the provision addressing tax not deducted or not paid. Discussion-Forum Income Tax Wed, 25 Jul 2012 16:18:14 +0530 https://www.taxtmi.com/forum/issue?id=4423