2015 (2) TMI 1271

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..... the submissions advanced stating the Circular No.275/201/95-IT)(B), dated 29-1-1997 declares "no demand visualized under section 201(1) of the Income-tax Act should be enforced after the tax deductor has satisfied the officer-in-charge of TDS, that taxes due have been paid by the deductee-assessee. However, this will not alter the liability to charge interest under section 201(1A) of the Act till .....

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..... 2006 by which the learned Tribunal agreeing with the views of the assessing officer and the CIT(A) rejected the contention of the assessee. The assessee has once again come up before this Court. 2. The question of law at the time of admission framed was as follows: Whether on a true and proper interpretation of the provisions contained in chapter XVIIB of the Income Tax Act, 1961 the Assess .....

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..... te appearing for the revenue, has disputed this submission made by Mr. Khaitan. He drew our attention to a judgment in the case of Hindustan Coca Cola Beverage (P.) Ltd. v. CIT [2007] 293 ITR 226/163 Taxman 355 (SC) wherein the following views were taken : Be that as it may, the Circular No.275/201/95-IT)(B), dated 29-1-1997 issued by the Central Board of Direct Taxes, in our considered opinio .....

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