https://www.taxtmi.com/caselaws?id=285102 The tribunal allowed the appeal, ruling that the appellant could not be deemed as 'assessee in default' and no interest under Section 201(1A) could be imposed as the deductee had no tax liability. The tribunal emphasized that interest is compensatory and can only be charged when there is an actual tax liability, which was absent in this case. Therefore, the appeal was successful, and the decision was rendered on 03.08.2016. en-us Wed, 03 Aug 2016 00:00:00 +0530 Thu, 26 Dec 2019 17:46:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285102 The tribunal allowed the appeal, ruling that the appellant could not be deemed as 'assessee in default' and no interest under Section 201(1A) could be imposed as the deductee had no tax liability. The tribunal emphasized that interest is compensatory and can only be charged when there is an actual tax liability, which was absent in this case. Therefore, the appeal was successful, and the decision was rendered on 03.08.2016. Case-Laws Income Tax Wed, 03 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285102