Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2009 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2009 (7) TMI 41 - HC - Income TaxInterest on TDS u/s 201(1)(A) – TDS not deducted by the appellant for payment made to the AAI – AAI has deposited tax such income - Assessing Officer held the assessee was liable to deduct TDS and since TDS was not deducted, the assessee was held to be in default under Section 201(1) and also liable for interest under Section 201(1)(A) of the Act – ITAT setaside the demand of TDS by following the decision in the matter of CIT Vs. Adidas Marketing P.Ltd [2008 TMI - 3391 - DELHI HIGH COURT] but confirmed the interest u/s 201(1)(A) – Held that interest is payable from the due date of liability of TDS to due date of filing of return by AAI.
|