https://www.taxtmi.com/manuals?id=1274 Section 201 deems a person obliged to deduct TDS an assessee-in-default if they fail to deduct or, after deduction, fail to pay the tax, attracting interest and penalty; a proviso exempts deeming where the resident deductee has filed a return, declared the sum and paid tax with a chartered accountant's certificate. Section 201(1A) prescribes interest for late deduction and payment and amendments provide that interest is payable as per AO's order in 201(1) cases; limitation periods for making deeming orders have been updated, while no time bar applies where tax was deducted but not deposited or where recovery from non-residents is impracticable. en-us Mon, 05 Oct 2015 11:39:00 +0530 Tue, 07 Jan 2025 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1274 Section 201 deems a person obliged to deduct TDS an assessee-in-default if they fail to deduct or, after deduction, fail to pay the tax, attracting interest and penalty; a proviso exempts deeming where the resident deductee has filed a return, declared the sum and paid tax with a chartered accountant's certificate. Section 201(1A) prescribes interest for late deduction and payment and amendments provide that interest is payable as per AO's order in 201(1) cases; limitation periods for making deeming orders have been updated, while no time bar applies where tax was deducted but not deposited or where recovery from non-residents is impracticable. Manuals Income Tax Mon, 05 Oct 2015 11:39:00 +0530 https://www.taxtmi.com/manuals?id=1274