https://www.taxtmi.com/caselaws?id=336445 Where income is assessed as salary and tax is required to be deducted at source by the employer under Section 192 of the Income-tax Act, 1961, liability to pay advance tax does not arise. On that basis, interest for default or deferment of advance tax under Sections 234B and 234C is not leviable on such salary receipts. The Court therefore set aside the interest levy, noting that the nature of the receipt as salary had already been concluded and the scrutiny was confined to the interest demand. en-us Tue, 29 Nov 2016 00:00:00 +0530 Tue, 31 Jan 2017 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336445 Where income is assessed as salary and tax is required to be deducted at source by the employer under Section 192 of the Income-tax Act, 1961, liability to pay advance tax does not arise. On that basis, interest for default or deferment of advance tax under Sections 234B and 234C is not leviable on such salary receipts. The Court therefore set aside the interest levy, noting that the nature of the receipt as salary had already been concluded and the scrutiny was confined to the interest demand. Case-Laws Income Tax Tue, 29 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336445