1981 (12) TMI 68 - AT - Income Tax

Summary

The ITAT Delhi-A heard appeals by the revenue regarding interest charged under section 201(1A) of the Income-tax Act for tax short deducted at source. The appeals were allowed, stating that interest should be charged from the date of deduction to the date of actual payment of tax. The assessee's attempt to show no default was not accepted as they did not appeal the Commissioner's decision.