https://www.taxtmi.com/caselaws?id=469850 Binding interim High Court directions requiring non-deduction of tax at source on leave travel concession payments prevented the assessee from being treated as an assessee in default for that period. Although the substantive exemption issue under section 10(5) stood decided against the assessee on merits, the Tribunal held that the TDS obligation under section 192(1) had to yield to the operative court orders. Accordingly, section 201(1) default could not be invoked for the interim period, and the consequential interest demand under section 201(1A) also did not survive. en-us Thu, 09 Apr 2026 00:00:00 +0530 Mon, 06 Jul 2026 20:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469850 Binding interim High Court directions requiring non-deduction of tax at source on leave travel concession payments prevented the assessee from being treated as an assessee in default for that period. Although the substantive exemption issue under section 10(5) stood decided against the assessee on merits, the Tribunal held that the TDS obligation under section 192(1) had to yield to the operative court orders. Accordingly, section 201(1) default could not be invoked for the interim period, and the consequential interest demand under section 201(1A) also did not survive. Case-Laws Income Tax Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469850