https://www.taxtmi.com/caselaws?id=797947 Tax deducted at source and remitted to the Government Treasury cannot continue as recoverable principal liability once relevant challans are verified and correlated with the corresponding transactions. Verification must confirm the correct tax amount, deduction date, deposit date and linkage between challans and payments. Payment of principal tax does not remove statutory interest for delayed remittance; interest remains chargeable only for the period from deduction/default until the actual date of deposit. Following verification, the corresponding principal demand must be deleted, while interest is confined to the period of delay. en-us Fri, 21 Aug 2026 00:00:00 +0530 Mon, 31 Aug 2026 08:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797947 Tax deducted at source and remitted to the Government Treasury cannot continue as recoverable principal liability once relevant challans are verified and correlated with the corresponding transactions. Verification must confirm the correct tax amount, deduction date, deposit date and linkage between challans and payments. Payment of principal tax does not remove statutory interest for delayed remittance; interest remains chargeable only for the period from deduction/default until the actual date of deposit. Following verification, the corresponding principal demand must be deleted, while interest is confined to the period of delay. Case-Laws Income Tax Fri, 21 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797947