https://www.taxtmi.com/caselaws?id=372619 In the case of Assessment Year 2008-09, the Tribunal ruled in favor of the assessee, determining that the date of depositing the cheque should be considered as the date of tax payment, not the date of realization. Consequently, no further interest was to be charged for delayed tax payment. Similarly, for Assessment Year 2015-16, the Tribunal decided in favor of the assessee, stating that the online payment date should be considered as the payment date, not the date of debiting the amount. As a result, the interest levied for delayed TDS payment was deemed unjustified in both cases. en-us Fri, 21 Dec 2018 00:00:00 +0530 Wed, 26 Dec 2018 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372619 In the case of Assessment Year 2008-09, the Tribunal ruled in favor of the assessee, determining that the date of depositing the cheque should be considered as the date of tax payment, not the date of realization. Consequently, no further interest was to be charged for delayed tax payment. Similarly, for Assessment Year 2015-16, the Tribunal decided in favor of the assessee, stating that the online payment date should be considered as the payment date, not the date of debiting the amount. As a result, the interest levied for delayed TDS payment was deemed unjustified in both cases. Case-Laws Income Tax Fri, 21 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372619