Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (10) TMI 1570 - AT - Income TaxTDS credit deposited by Employer-State Bank of India on payment of leave travel concession - HELD THAT:- Since the employer has paid the TDS, therefore, no doubt the credit is liable to be given to the assessee in accordance with law. Accordingly, we allowed the claim of the assessee and direct the AO to give the credit to the assessee of the TDS amount - Accordingly, this issue is decided in favour of the assessee against the revenue. Disallowance of interest upon the TDS - The copy of order also speaks this fact that the employer was in the default for deducting the TDS on the LTC of the Assessee, therefore, the interest u/s 201 & 201(IA) of the Act was charged from the employer - HELD THAT:- Since the interest has been charged from employer therefore no interest is not liable to be charged against the assessee. In this regard, we also find support of law settled in the case of Ian Morris [2016 (12) TMI 1090 - SUPREME COURT] - Accordingly, the interest is not liable to be charged from the assessee and this issue is also decided in favour assessee against the revenue.
|