Payer not in default for missing TDS if recipient paid taxes; interest applies from due to actual payment date.

Payer not in default for missing TDS if recipient paid taxes; interest applies from due to actual payment date. https://www.taxtmi.com/highlights?id=16991 TDS - once recipient has paid the taxes on the receipts, the payer cannot be held to be the assessee in default - Interest is applicable for the period of the date on which tax was required to be deducted till the date when tax was eventually paid. - AT en-us Tue, 28 Jan 2014 06:33:03 +0530 Tue, 28 Jan 2014 06:33:03 +0530 TaxTMI RSS Generator Payer not in default for missing TDS if recipient paid taxes; interest applies from due to actual payment date. https://www.taxtmi.com/highlights?id=16991 TDS - once recipient has paid the taxes on the receipts, the payer cannot be held to be the assessee in default - Interest is applicable for the period of the date on which tax was required to be deducted till the date when tax was eventually paid. - AT Highlights Income Tax Tue, 28 Jan 2014 06:33:03 +0530 https://www.taxtmi.com/highlights?id=16991