https://www.taxtmi.com/caselaws?id=242724 The Tribunal upheld the decision regarding the deletion of interest u/s 234B, dismissing the appeals of the Revenue. The Tribunal ruled that the assessees were not liable to pay interest u/s 234B due to the obligation to deduct tax at source under S.195 of the Act, following relevant case laws and the decision of the Jurisdictional High Court. The Tribunal affirmed the order of the Ld. Commissioner of Income-tax (Appeals) on all issues, except for the levy of interest u/s 234B, in favor of the assessee. en-us Tue, 16 Jul 2013 00:00:00 +0530 Sun, 19 Jan 2014 09:49:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242724 The Tribunal upheld the decision regarding the deletion of interest u/s 234B, dismissing the appeals of the Revenue. The Tribunal ruled that the assessees were not liable to pay interest u/s 234B due to the obligation to deduct tax at source under S.195 of the Act, following relevant case laws and the decision of the Jurisdictional High Court. The Tribunal affirmed the order of the Ld. Commissioner of Income-tax (Appeals) on all issues, except for the levy of interest u/s 234B, in favor of the assessee. Case-Laws Income Tax Tue, 16 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242724