https://www.taxtmi.com/caselaws?id=295426 Delayed deposit of tax deducted at source attracted interest under section 201(1A) because payment through bank was treated as made only on the date the cheque or challan was cleared and entered in the receipt scroll. The Tribunal applied Rule 20(i) of the Receipts and Payments Rules and accepted the later challan date as the relevant date of payment, as the assessee could not show that it should be ignored. On that basis, the delay in deposit was established and the levy of interest was upheld against the assessee. en-us Thu, 25 Apr 2013 00:00:00 +0530 Thu, 03 Jun 2021 10:32:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295426 Delayed deposit of tax deducted at source attracted interest under section 201(1A) because payment through bank was treated as made only on the date the cheque or challan was cleared and entered in the receipt scroll. The Tribunal applied Rule 20(i) of the Receipts and Payments Rules and accepted the later challan date as the relevant date of payment, as the assessee could not show that it should be ignored. On that basis, the delay in deposit was established and the levy of interest was upheld against the assessee. Case-Laws Income Tax Thu, 25 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295426