https://www.taxtmi.com/caselaws?id=356350 The court upheld the Department's decision to initiate prosecution against an educational institution for failing to remit tax deducted at source within the prescribed time. Despite being granted an instalment scheme, the petitioner defaulted on payments, leading to the Department's action. The court dismissed the petitioner's challenge, emphasizing the importance of meeting tax obligations and the consequences of non-compliance. The judgment underscores the liability of interest under relevant sections of the Income Tax Act and the limited scope for leniency once opportunities for compliance have been provided. en-us Fri, 02 Feb 2018 00:00:00 +0530 Thu, 01 Mar 2018 07:41:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356350 The court upheld the Department's decision to initiate prosecution against an educational institution for failing to remit tax deducted at source within the prescribed time. Despite being granted an instalment scheme, the petitioner defaulted on payments, leading to the Department's action. The court dismissed the petitioner's challenge, emphasizing the importance of meeting tax obligations and the consequences of non-compliance. The judgment underscores the liability of interest under relevant sections of the Income Tax Act and the limited scope for leniency once opportunities for compliance have been provided. Case-Laws Income Tax Fri, 02 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356350