https://www.taxtmi.com/caselaws?id=787583 Whether a certificate under income-tax law is effective for the entire assessment year and whether it shields the deductor from being treated as an assessee in default and from interest on failure to deduct are the central issues. The document states that the certificate, where granted and not cancelled, applies for the assessment year specified and governs deduction rates for that year; accordingly, amounts covered by such a valid certificate do not render the person responsible for payment an assessee in default nor attract interest for non-deduction, provided no cancellation or disqualifying event occurs. en-us Fri, 06 Mar 2026 00:00:00 +0530 Mon, 09 Mar 2026 07:53:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787583 Whether a certificate under income-tax law is effective for the entire assessment year and whether it shields the deductor from being treated as an assessee in default and from interest on failure to deduct are the central issues. The document states that the certificate, where granted and not cancelled, applies for the assessment year specified and governs deduction rates for that year; accordingly, amounts covered by such a valid certificate do not render the person responsible for payment an assessee in default nor attract interest for non-deduction, provided no cancellation or disqualifying event occurs. Case-Laws Income Tax Fri, 06 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787583