https://www.taxtmi.com/caselaws?id=270826 The Tribunal ruled in favor of the appellant, deleting the interest charged under sections 201(1)/201(1A) of the IT Act. The decision was based on the appellant's timely submission of TDS, aligning with the CBDT circular and legal precedents. The Tribunal emphasized that the date of cheque tender should be considered the payment date unless the cheque is dishonored. By following this principle, the interest charged was deemed unjustified, leading to the allowance of the appeal. en-us Mon, 30 Nov 2015 00:00:00 +0530 Sat, 16 Jan 2016 07:55:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270826 The Tribunal ruled in favor of the appellant, deleting the interest charged under sections 201(1)/201(1A) of the IT Act. The decision was based on the appellant's timely submission of TDS, aligning with the CBDT circular and legal precedents. The Tribunal emphasized that the date of cheque tender should be considered the payment date unless the cheque is dishonored. By following this principle, the interest charged was deemed unjustified, leading to the allowance of the appeal. Case-Laws Income Tax Mon, 30 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270826