https://www.taxtmi.com/caselaws?id=346177 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal in a case concerning delay in TDS payments and the levy of interest on late tax deposit. The judgment clarified that the delay was justified due to circumstances beyond the assessee's control, emphasizing the distinction between payment by cheque and direct debit. The Tribunal disagreed with the levy of interest and referenced a Supreme Court decision in support. The decision was pronounced on May 31, 2017. en-us Wed, 31 May 2017 00:00:00 +0530 Sat, 05 Aug 2017 07:33:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346177 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal in a case concerning delay in TDS payments and the levy of interest on late tax deposit. The judgment clarified that the delay was justified due to circumstances beyond the assessee's control, emphasizing the distinction between payment by cheque and direct debit. The Tribunal disagreed with the levy of interest and referenced a Supreme Court decision in support. The decision was pronounced on May 31, 2017. Case-Laws Income Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346177