https://www.taxtmi.com/caselaws?id=60116 The Tribunal dismissed the appeal, upholding the ITO's order but allowing the assessee the opportunity to furnish actual payment dates to potentially reduce the interest liability. The judgment clarified the interpretation of Section 195 regarding the timing of tax deduction, the applicability of Section 195 versus Section 163, the implications of time-barred recovery under Section 231, and the calculation of interest under Section 201(1A). en-us Fri, 04 Sep 1981 00:00:00 +0530 Mon, 03 Jan 2011 17:38:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60116 The Tribunal dismissed the appeal, upholding the ITO's order but allowing the assessee the opportunity to furnish actual payment dates to potentially reduce the interest liability. The judgment clarified the interpretation of Section 195 regarding the timing of tax deduction, the applicability of Section 195 versus Section 163, the implications of time-barred recovery under Section 231, and the calculation of interest under Section 201(1A). Case-Laws Income Tax Fri, 04 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60116