https://www.taxtmi.com/caselaws?id=329178 The appeals were dismissed as the liability to pay interest under section 201(1A) was upheld based on the failure to deduct tax at source, despite the seller eventually paying the tax. Legal precedents supported the mandatory nature of interest under section 201(1A) until the tax was paid by the deductee, leading to the dismissal of the appeals. en-us Tue, 21 Jun 2016 00:00:00 +0530 Fri, 24 Jun 2016 14:54:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329178 The appeals were dismissed as the liability to pay interest under section 201(1A) was upheld based on the failure to deduct tax at source, despite the seller eventually paying the tax. Legal precedents supported the mandatory nature of interest under section 201(1A) until the tax was paid by the deductee, leading to the dismissal of the appeals. Case-Laws Income Tax Tue, 21 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329178