https://www.taxtmi.com/caselaws?id=294984 The Tribunal upheld the CIT(A)'s decision in dismissing the appeal, confirming the appellant as an 'assessee in default' under section 201(1) for failing to deduct TDS on provisions later reversed. The demand for tax recovery and interest levy under section 201(1A) were deemed valid. The Tribunal emphasized that TDS liability arises at provision creation, not reversal, reinforcing the initial deduction responsibility. en-us Tue, 31 Oct 2017 00:00:00 +0530 Fri, 14 May 2021 08:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294984 The Tribunal upheld the CIT(A)'s decision in dismissing the appeal, confirming the appellant as an 'assessee in default' under section 201(1) for failing to deduct TDS on provisions later reversed. The demand for tax recovery and interest levy under section 201(1A) were deemed valid. The Tribunal emphasized that TDS liability arises at provision creation, not reversal, reinforcing the initial deduction responsibility. Case-Laws Income Tax Tue, 31 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294984