https://www.taxtmi.com/caselaws?id=757057 A deductor was not liable to be treated as an assessee in default for failing to deduct tax at source from interest paid on enhanced compensation where the omission was made in bona fide obedience to prevailing court orders and directions of superior revenue authority based on legal advice. On those facts, no fault could be attributed to the deductor, and the consequential demand and interest liability were unsustainable. The impugned assessment and recovery orders were therefore quashed, with refund directed if any amount had already been deposited, together with interest. en-us Fri, 09 Aug 2024 00:00:00 +0530 Mon, 15 Sep 2025 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757057 A deductor was not liable to be treated as an assessee in default for failing to deduct tax at source from interest paid on enhanced compensation where the omission was made in bona fide obedience to prevailing court orders and directions of superior revenue authority based on legal advice. On those facts, no fault could be attributed to the deductor, and the consequential demand and interest liability were unsustainable. The impugned assessment and recovery orders were therefore quashed, with refund directed if any amount had already been deposited, together with interest. Case-Laws Income Tax Fri, 09 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757057