https://www.taxtmi.com/caselaws?id=796819 Interim judicial directions restraining tax deduction or recovery from employees' leave fare concession payments removed the bank's subsisting obligation to deduct tax during the protected period. Subsequent vacation of that protection could operate only prospectively and could not retrospectively create default for payments already made. Later restraint on recovery from employees also prevented recovery action. Default liability arises only where a deductor fails to deduct despite an existing legal obligation, and the Department must ascertain whether recipients have paid the tax. The bank was therefore not an assessee in default, and the related tax demand and interest were deleted. en-us Wed, 05 Aug 2026 00:00:00 +0530 Tue, 11 Aug 2026 08:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796819 Interim judicial directions restraining tax deduction or recovery from employees' leave fare concession payments removed the bank's subsisting obligation to deduct tax during the protected period. Subsequent vacation of that protection could operate only prospectively and could not retrospectively create default for payments already made. Later restraint on recovery from employees also prevented recovery action. Default liability arises only where a deductor fails to deduct despite an existing legal obligation, and the Department must ascertain whether recipients have paid the tax. The bank was therefore not an assessee in default, and the related tax demand and interest were deleted. Case-Laws Income Tax Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796819