2018 (8) TMI 2156

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.... ORDER PER N. K. SAINI, AM: This is an appeal by the department against the order dated 14.9.2015 of ld. CIT(A)-42, New Delhi. The only effective ground reads as under: "That the ld. CIT (A) has erred in law and on the facts of the case in holding that the interest u/s 234B of the IT Act, 1961 is not leviable in the assessee's case because payments made to it are subject to tax de....

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....6.2018, it has been held as under: "We have considered the rival submissions and have gone through the entire material available on record and the case laws relied by the learned CIT(A). We find that the conclusion reached by the ld. CIT (A) is based on the decision rendered by Hon'ble jurisdictional High court on the issue of interest - whether leviable on the non-resident assessee or no....