2021 (10) TMI 267

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.... The present appeal has been filed by the assessee against the order of ld. CIT (A)-41, New Delhi dated 15.11.2016. 2. Following grounds have been raised by the assessee: "1. That in view of the facts and the circumstances of the case, CIT(A) has erred in upholding the demand of interest of Rs. 16,67,307/- as payable by the Assessee on alleged delayed payment of TDS made by Assessee. 2. That ....

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....part thereof appearing in Section 201(1A) mean every calendar month or part thereof, ignoring that it as a 'period of one month' or part thereof. 6. That the ACIT and CIT(A) erred in law and fact in not appreciating that the expression 'month' refers to 'a month reckoned according to the British Calendar' (Emphasis supplied). 'A month as per British calendar' and 'a month rec....

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....struction infrastructure development and power generation. 4. Order u/s 153 has been issued by the CPC (TDS) charging interest on late payment of the TDS u/s 201(1A). The ld. CIT(A) confirmed the order of the CPC. 5. The relevant undisputed facts of the case are that the assessee deposited cheque on 30.04.2012 which has been cleared and the amount has been debited on 30.04.2012 itself from the a....