https://www.taxtmi.com/caselaws?id=788813 A payer restrained by binding interim judicial directions from deducting tax at source cannot be treated as an assessee in default for that period under section 201(1), and consequential interest under section 201(1A) also fails. The Tribunal noted that, although the exemption position on leave fare concession had already been decided against the assessee, the relevant question was the effect of the subsisting Madras High Court interim order, which directed that no deduction be made pending the writ petition. As the assessee was bound to comply with that restraint, non-deduction during the operative period did not amount to default. en-us Thu, 26 Mar 2026 00:00:00 +0530 Sat, 09 May 2026 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788813 A payer restrained by binding interim judicial directions from deducting tax at source cannot be treated as an assessee in default for that period under section 201(1), and consequential interest under section 201(1A) also fails. The Tribunal noted that, although the exemption position on leave fare concession had already been decided against the assessee, the relevant question was the effect of the subsisting Madras High Court interim order, which directed that no deduction be made pending the writ petition. As the assessee was bound to comply with that restraint, non-deduction during the operative period did not amount to default. Case-Laws Income Tax Thu, 26 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788813