https://www.taxtmi.com/caselaws?id=277718 The Tribunal ruled in favor of the appellant company, stating that it cannot be considered an "assessee in default" under section 201(1) for failing to deduct TDS. The Tribunal directed the Assessing Officer to determine the liability for interest under section 201(1A) based on the finalization of relevant assessments. It was established that the taxes on the disputed income had been paid by the payee, absolving the appellant from TDS and interest obligations. The Tribunal allowed the appeals and instructed further verification on the interest chargeability under section 201(1A. en-us Wed, 30 Nov 2011 00:00:00 +0530 Wed, 19 Dec 2018 16:47:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277718 The Tribunal ruled in favor of the appellant company, stating that it cannot be considered an "assessee in default" under section 201(1) for failing to deduct TDS. The Tribunal directed the Assessing Officer to determine the liability for interest under section 201(1A) based on the finalization of relevant assessments. It was established that the taxes on the disputed income had been paid by the payee, absolving the appellant from TDS and interest obligations. The Tribunal allowed the appeals and instructed further verification on the interest chargeability under section 201(1A. Case-Laws Income Tax Wed, 30 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277718