https://www.taxtmi.com/caselaws?id=186448 The court dismissed the appeal challenging the Tribunal's decision, upholding the cancellation of the demand under s. 201 and directing interest payment under s. 201(1A). The court emphasized the independent consideration of s. 201(1) and s. 201(1A), highlighting that interest under s. 201(1A) is mandatory even if there is no tax liability. The liability to deduct tax at source is vicarious, with the primary liability on the taxable person. The court clarified the elements for computing interest under s. 201(1A, including the quantum, rate, and period of default. en-us Wed, 12 Jan 2011 00:00:00 +0530 Tue, 02 May 2023 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186448 The court dismissed the appeal challenging the Tribunal's decision, upholding the cancellation of the demand under s. 201 and directing interest payment under s. 201(1A). The court emphasized the independent consideration of s. 201(1) and s. 201(1A), highlighting that interest under s. 201(1A) is mandatory even if there is no tax liability. The liability to deduct tax at source is vicarious, with the primary liability on the taxable person. The court clarified the elements for computing interest under s. 201(1A, including the quantum, rate, and period of default. Case-Laws Income Tax Wed, 12 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186448