https://www.taxtmi.com/caselaws?id=345746 TDS demand and consequential interest under Sections 201(1) and 201(1A) could not be restored without establishing the specific default and the basis of liability. The appellate findings accepted that the alleged survey admission was not proved, substantial tax had already been deposited, the audit fee provision had been added back, no TDS was exigible on certain payments, and an estimated average-rate approach for expenditure-wise short deduction was unsupported. Interest could not survive once the principal demand was deleted. The Tribunal found no infirmity in these findings and sustained the deletion of the demand and interest. en-us Thu, 09 Mar 2017 00:00:00 +0530 Wed, 26 Jul 2017 08:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345746 TDS demand and consequential interest under Sections 201(1) and 201(1A) could not be restored without establishing the specific default and the basis of liability. The appellate findings accepted that the alleged survey admission was not proved, substantial tax had already been deposited, the audit fee provision had been added back, no TDS was exigible on certain payments, and an estimated average-rate approach for expenditure-wise short deduction was unsupported. Interest could not survive once the principal demand was deleted. The Tribunal found no infirmity in these findings and sustained the deletion of the demand and interest. Case-Laws Income Tax Thu, 09 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345746