Consequences of failure to deduct or pay or, collect or pay.

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....erred to in section 392(2)(a), being an employer, does not deduct or pay, or does not collect or pay, or after so deducting or collecting fails to pay, the whole or any part of the tax, as required by or under this Act, then such person shall be deemed to be an assessee in default in respect of such tax in addition to any other consequences which that person may incur under this Act. (2) Irr....

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....d the tax due on the income declared by him in such return of income, and the person furnishes a certificate to this effect from an accountant in the form as may be prescribed. (3)(a) Without prejudice to sub-section (1), if any person, as referred to in that sub-section does not deduct or collect the whole or any part of the tax or after deducting or collecting fails to pay the tax as requi....

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....ible or collectible to the date of furnishing of return of income by the concerned payee or buyer or licensee or lessee, as the case may be; (d) when an order is made by the Assessing Officer for the default under sub-section (1), the interest shall be paid by the person as per such order. (4) Where the tax has not been paid after it is deducted or collected, the amount of the tax together w....