https://www.taxtmi.com/caselaws?id=29107 HC held that s.201 is attracted only where an employer fails to deduct or, having deducted, fails to pay tax; an incorrect estimate of employees' chargeable income alone does not prove lack of honest or fair conduct. The ITO's contested additions and disallowances did not establish mala fides, and the Commissioner (Appeals) had found the employer's estimates bona fide, a finding the Tribunal did not overturn. As the employer honestly deducted tax and paid it under ss.192 and 200, it was not an assessee in default under s.201; the Department's case on that point was negatived. en-us Wed, 22 Sep 1982 00:00:00 +0530 Fri, 31 Oct 2025 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29107 HC held that s.201 is attracted only where an employer fails to deduct or, having deducted, fails to pay tax; an incorrect estimate of employees' chargeable income alone does not prove lack of honest or fair conduct. The ITO's contested additions and disallowances did not establish mala fides, and the Commissioner (Appeals) had found the employer's estimates bona fide, a finding the Tribunal did not overturn. As the employer honestly deducted tax and paid it under ss.192 and 200, it was not an assessee in default under s.201; the Department's case on that point was negatived. Case-Laws Income Tax Wed, 22 Sep 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29107