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Court Upholds Interest Liability for TDS Failures u/s 201(1A) Despite Nil or Loss Returns by Payee.

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....Default u/s 201(1) - failure to deduct TDS - liability to pay interest u/s 201(1A) if the payee of such amounts has files a nil return or a return showing a loss - assessee is not permitted to decide for itself what the liability of the deductee assessee is or is likely to be - demand of interest confirmed - HC....

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Court Upholds Interest Liability for TDS Failures u/s 201(1A) Despite Nil or Loss Returns by Payee.