https://www.taxtmi.com/caselaws?id=9442 The case involved a dispute over the obligation to deduct tax at source under section 192 of the Income-tax Act, 1961. The Tribunal ruled in favor of the assessee-company, stating that the obligation to deduct tax does not arise if the salary payable has not been actually paid to the employee. The Tribunal absolved the company from liability under sections 201(1) and 201(1A) due to the unpaid salary. The interpretation of the term "payment" in section 192 emphasized the necessity of actual payment to trigger the deduction obligation. The judgment highlighted the legislative distinction between provisions requiring deduction at the time of payment and those allowing deductions upon crediting the amount to the payee's account. en-us Tue, 17 Jan 2006 00:00:00 +0530 Tue, 23 Jun 2009 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9442 The case involved a dispute over the obligation to deduct tax at source under section 192 of the Income-tax Act, 1961. The Tribunal ruled in favor of the assessee-company, stating that the obligation to deduct tax does not arise if the salary payable has not been actually paid to the employee. The Tribunal absolved the company from liability under sections 201(1) and 201(1A) due to the unpaid salary. The interpretation of the term "payment" in section 192 emphasized the necessity of actual payment to trigger the deduction obligation. The judgment highlighted the legislative distinction between provisions requiring deduction at the time of payment and those allowing deductions upon crediting the amount to the payee's account. Case-Laws Income Tax Tue, 17 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9442