https://www.taxtmi.com/caselaws?id=262996 The tribunal held that where tax liability against the deductee is determined and outstanding, no time limit applies for recovery. Otherwise, recovery must be initiated within six years from the relevant assessment year. The assessee may prevent recovery by showing no outstanding tax liability. The tribunal confirmed the order, allowing the assessee to present evidence regarding tax demand satisfaction on the interest income in deductees' hands. Recovery of interest under Section 201(1A) to follow the order, citing Hindustan Coca Cola Beverage and CIT vs. ELI Lilly and Company (India) (P.) Ltd. en-us Wed, 22 Jul 2015 00:00:00 +0530 Mon, 24 Aug 2015 16:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262996 The tribunal held that where tax liability against the deductee is determined and outstanding, no time limit applies for recovery. Otherwise, recovery must be initiated within six years from the relevant assessment year. The assessee may prevent recovery by showing no outstanding tax liability. The tribunal confirmed the order, allowing the assessee to present evidence regarding tax demand satisfaction on the interest income in deductees' hands. Recovery of interest under Section 201(1A) to follow the order, citing Hindustan Coca Cola Beverage and CIT vs. ELI Lilly and Company (India) (P.) Ltd. Case-Laws Income Tax Wed, 22 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262996