https://www.taxtmi.com/caselaws?id=264495 The Appellate Tribunal upheld the orders of the Assessing Officer and First Appellate Authority, confirming the assessee's status as an "assessee in default" under section 201(1) of the Income Tax Act, 1961. The assessee was held liable to pay further tax of Rs. 2,19,620/- including interest of Rs. 19,960/- under sections 201(1) and 201(1A) of the Act. The decision emphasized the mandatory nature of TDS provisions, the burden of proof on the deductor, and the compensatory purpose of interest charged for non-compliance with tax deduction requirements. en-us Tue, 27 Jan 2015 00:00:00 +0530 Tue, 15 Sep 2015 16:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264495 The Appellate Tribunal upheld the orders of the Assessing Officer and First Appellate Authority, confirming the assessee's status as an "assessee in default" under section 201(1) of the Income Tax Act, 1961. The assessee was held liable to pay further tax of Rs. 2,19,620/- including interest of Rs. 19,960/- under sections 201(1) and 201(1A) of the Act. The decision emphasized the mandatory nature of TDS provisions, the burden of proof on the deductor, and the compensatory purpose of interest charged for non-compliance with tax deduction requirements. Case-Laws Income Tax Tue, 27 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264495