https://www.taxtmi.com/caselaws?id=185500 The Tribunal upheld the Assessing Officer's decision regarding the default under section 192, making the assessee liable under section 201 for non-deduction of tax on tuition fee contributions. The Tribunal agreed with the CIT(A) on the applicability of Rule 3(5) and directed exclusion of certain amounts from the perquisite value. The Tribunal also upheld the levy of interest under section 201(1A) for the short deduction of tax. The appeals were partly allowed, with the Assessing Officer instructed to recalculate the tax deduction based on revised perquisite values. en-us Fri, 25 Jun 2010 00:00:00 +0530 Tue, 16 Aug 2016 16:28:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185500 The Tribunal upheld the Assessing Officer's decision regarding the default under section 192, making the assessee liable under section 201 for non-deduction of tax on tuition fee contributions. The Tribunal agreed with the CIT(A) on the applicability of Rule 3(5) and directed exclusion of certain amounts from the perquisite value. The Tribunal also upheld the levy of interest under section 201(1A) for the short deduction of tax. The appeals were partly allowed, with the Assessing Officer instructed to recalculate the tax deduction based on revised perquisite values. Case-Laws Income Tax Fri, 25 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185500