https://www.taxtmi.com/caselaws?id=60132 The appeals were dismissed, upholding the interest charged by the ITO under section 201(1A) of the Income-tax Act, 1961 for the relevant years. The Tribunal found that the proceedings were not barred by limitation under section 231, as the interest charged was in line with statutory provisions. The orders passed by the ITO were upheld, emphasizing the obligation of the assessee to pay taxes deducted at source within the prescribed time, and dismissing arguments regarding adjustment of refunds against deductions. en-us Tue, 07 Jun 1988 00:00:00 +0530 Mon, 03 Jan 2011 18:08:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60132 The appeals were dismissed, upholding the interest charged by the ITO under section 201(1A) of the Income-tax Act, 1961 for the relevant years. The Tribunal found that the proceedings were not barred by limitation under section 231, as the interest charged was in line with statutory provisions. The orders passed by the ITO were upheld, emphasizing the obligation of the assessee to pay taxes deducted at source within the prescribed time, and dismissing arguments regarding adjustment of refunds against deductions. Case-Laws Income Tax Tue, 07 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60132