https://www.taxtmi.com/caselaws?id=60653 The Tribunal upheld the Dy. CIT(A)'s order, dismissing the Revenue's appeal against the deletion of interest under section 201(1A) for assessment years 1988-89 and 1989-90. The Tribunal emphasized the Tax effect being less than Rs. 25,000, suggesting the Revenue should have refrained from filing the appeal. It cited legal precedents on City Compensatory Allowance not forming part of taxable income and the shifting of liability to deduct tax directly on the assessee under Section 191. The Tribunal concluded that the employer could not be held liable for interest under section 201(1A) based on the circumstances at the time of salary payment and upheld the Dy. CIT(A)'s order. en-us Mon, 31 Jul 2000 00:00:00 +0530 Fri, 07 Jan 2011 13:56:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60653 The Tribunal upheld the Dy. CIT(A)'s order, dismissing the Revenue's appeal against the deletion of interest under section 201(1A) for assessment years 1988-89 and 1989-90. The Tribunal emphasized the Tax effect being less than Rs. 25,000, suggesting the Revenue should have refrained from filing the appeal. It cited legal precedents on City Compensatory Allowance not forming part of taxable income and the shifting of liability to deduct tax directly on the assessee under Section 191. The Tribunal concluded that the employer could not be held liable for interest under section 201(1A) based on the circumstances at the time of salary payment and upheld the Dy. CIT(A)'s order. Case-Laws Income Tax Mon, 31 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60653