https://www.taxtmi.com/caselaws?id=239557 The High Court held that the assessee was liable to pay interest under Section 234B of the Income Tax Act due to the initial denial of tax liability in India, which impacted subsequent proceedings. The Court emphasized equitable considerations and rejected the assessee's attempt to shift blame to Indian payers for not deducting tax at source. The decision differed from a previous case where the assessee admitted tax liability from the start. Consequently, the appeals were allowed in favor of the revenue, affirming the assessee's liability to pay interest under Section 234B. en-us Thu, 07 Nov 2013 00:00:00 +0530 Sat, 16 Nov 2013 09:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239557 The High Court held that the assessee was liable to pay interest under Section 234B of the Income Tax Act due to the initial denial of tax liability in India, which impacted subsequent proceedings. The Court emphasized equitable considerations and rejected the assessee's attempt to shift blame to Indian payers for not deducting tax at source. The decision differed from a previous case where the assessee admitted tax liability from the start. Consequently, the appeals were allowed in favor of the revenue, affirming the assessee's liability to pay interest under Section 234B. Case-Laws Income Tax Thu, 07 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239557