https://www.taxtmi.com/caselaws?id=435218 The ITAT Cochin allowed the appeal in part, directing the AO to allow credit/adjustment for TDS deducted at a later point in time. The tribunal rejected the contention that interest credited to the interest payable account was not subject to TDS under Section 194A but upheld the assessee's plea for credit/adjustment. The assessee was held liable for interest under Section 201(1A) for delayed TDS payment. Stay petitions were dismissed as the appeals were disposed of on merits, with the appeals partly allowed for statistical purposes. en-us Tue, 28 Feb 2023 00:00:00 +0530 Wed, 15 Mar 2023 08:26:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435218 The ITAT Cochin allowed the appeal in part, directing the AO to allow credit/adjustment for TDS deducted at a later point in time. The tribunal rejected the contention that interest credited to the interest payable account was not subject to TDS under Section 194A but upheld the assessee's plea for credit/adjustment. The assessee was held liable for interest under Section 201(1A) for delayed TDS payment. Stay petitions were dismissed as the appeals were disposed of on merits, with the appeals partly allowed for statistical purposes. Case-Laws Income Tax Tue, 28 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435218