https://www.taxtmi.com/caselaws?id=430639 The Honorable Mr. Justice Gopinath P. ruled in favor of the petitioner, the Special Tahsildar Land Acquisition (General), in a case concerning the demand for interest payment under sub-section (1A) of Section 201 of the Income Tax Act due to delayed remittance of TDS deducted from compensation. The court held that the liability to deduct tax under Section 201 arises only when required by the Act, and interest payment under sub-section (1A) is meant to compensate the Government for delayed tax payments. The judgment quashed the demands for interest payment, citing the delay caused by the officer's election duty as a valid reason, and imposed no costs. en-us Thu, 15 Sep 2022 00:00:00 +0530 Mon, 27 Feb 2023 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430639 The Honorable Mr. Justice Gopinath P. ruled in favor of the petitioner, the Special Tahsildar Land Acquisition (General), in a case concerning the demand for interest payment under sub-section (1A) of Section 201 of the Income Tax Act due to delayed remittance of TDS deducted from compensation. The court held that the liability to deduct tax under Section 201 arises only when required by the Act, and interest payment under sub-section (1A) is meant to compensate the Government for delayed tax payments. The judgment quashed the demands for interest payment, citing the delay caused by the officer's election duty as a valid reason, and imposed no costs. Case-Laws Income Tax Thu, 15 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430639