Interest Liability for Non-Deduction of TDS Starts from April 1 if Tax Deductible u/s 192(3.

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....Levy of interest under sec. 201(1A) - non deduction of tds u/s 192 - Liability to interest arises only, when such tax was deductible u/s 192(3) and not u/s 192(1) - interest u/s 201(1A) is payable from the 1st day of April of the subsequent year - AT....