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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Revenue is entitled for interest on outstanding amount of TDS ...


Interest on TDS due only until payment to government, not until Assessing Officer's order under Sec 201(1) & 201(1A).

August 22, 2016

Case Laws     Income Tax     AT

Revenue is entitled for interest on outstanding amount of TDS only till the date of actual payment of TDS by the assessee to the Credit of Central Government and not till the date of framing of the order on 31-03-2011 by the AO u/s 201(1) and 201(1A) of the Act. - AT

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