Demand of interest u/s. 201(1A) of the IT Act - late deposit of ...
Interest Demand for Late TDS Deposit Unaffected by Cheque Delays or Holidays, per Section 201(1A) of Income Tax Act.
July 20, 2012
Case Laws Income Tax AT
Demand of interest u/s. 201(1A) of the IT Act - late deposit of TDS - The time taken for clearing of cheques and government holidays and reasonable cause etc. are not the reasons, which could be considered while levying the interest against the assessee - AT
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