One months relief of interest in case of delay payment of TDS

The Hon’ble ITAT – Ahmedabad Bench in the case of Bank of Baroda v. Deputy Commissioner of Income-tax [2017] (Ahmedabad – Trib.) held that the interest chargeable under section 201(1A) of the Income-tax Act should be levied from the date of deduction of tax to the date on which such tax is actually paid to the Government.

  • Following are the examples that may help to understand the levy of interest u/s. 201(1A):-
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