Interest Demand for Late TDS Deposit Unaffected by Cheque Delays or Holidays, per Section 201(1A) of Income Tax Act.

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....Demand of interest u/s. 201(1A) of the IT Act - late deposit of TDS - The time taken for clearing of cheques and government holidays and reasonable cause etc. are not the reasons, which could be considered while levying the interest against the assessee - AT....