https://www.taxtmi.com/caselaws?id=382377 The Tribunal upheld the Ld.CIT(A)'s decision regarding interest u/s. 201(1A), affirming that interest is chargeable from the date of deductibility to the payee's return filing date. Previous judgments cited by the assessee were deemed inapplicable due to the retrospective clarification of the interest calculation period by the Finance Act, 2012. Consequently, the appeals of the assessee against orders for Assessment Years 2008-09, 2009-10, and 2011-12 were dismissed, with the order pronounced on 31st May 2019. en-us Fri, 31 May 2019 00:00:00 +0530 Mon, 01 Jul 2019 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382377 The Tribunal upheld the Ld.CIT(A)'s decision regarding interest u/s. 201(1A), affirming that interest is chargeable from the date of deductibility to the payee's return filing date. Previous judgments cited by the assessee were deemed inapplicable due to the retrospective clarification of the interest calculation period by the Finance Act, 2012. Consequently, the appeals of the assessee against orders for Assessment Years 2008-09, 2009-10, and 2011-12 were dismissed, with the order pronounced on 31st May 2019. Case-Laws Income Tax Fri, 31 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382377