https://www.taxtmi.com/caselaws?id=58822 The Tribunal upheld the mandatory interest levy under section 201(1A) of the Income-tax Act, 1961, for delayed tax payments but allowed the appellant's plea for interest calculation from actual salary payment dates rather than tax payment dates. The Tribunal emphasized the importance of interpreting tax deduction timing provisions under sections 192 and 194A, highlighting the obligation to deduct tax at the time of actual salary payment. The matter was remanded to the Income Tax Officer for recomputation of interest based on the correct salary payment dates. en-us Tue, 28 Dec 1982 00:00:00 +0530 Wed, 22 Dec 2010 13:18:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58822 The Tribunal upheld the mandatory interest levy under section 201(1A) of the Income-tax Act, 1961, for delayed tax payments but allowed the appellant's plea for interest calculation from actual salary payment dates rather than tax payment dates. The Tribunal emphasized the importance of interpreting tax deduction timing provisions under sections 192 and 194A, highlighting the obligation to deduct tax at the time of actual salary payment. The matter was remanded to the Income Tax Officer for recomputation of interest based on the correct salary payment dates. Case-Laws Income Tax Tue, 28 Dec 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58822