PUNJAB NATIONAL BANK ,JODHPUR vs. ITO, (TDS)(II),, JODHPUR
In the result, the appeal of the assessee is partly allowed
ITA 250/JODH/2018[2009-10]Status: DisposedITAT Jodhpur21 Mar 2023AY 2009-10
Bench: Shri Kul Bharatshri Manish Boradpunjab National Bank, Vs Ito, R.R. Singhvi, Advocate, Tds (Ii), “Rajhans” 1St A Road, Jodhpur (Rajasthan) Sardarpura, Jodhpur (Appellant) (Respondent) Pan No. Jdhpo2161F Assessee By None Revenue By Shri S.M.Joshi, Jcit Dr Date Of Hearing 20/03/2023 Date Of 21/03/2023 Pronouncement
Section 10Section 11Section 194ASection 197ASection 201Section 201(1)Section 271C
TDS that taxes due has been paid by the deductee assessee. However, this will not alter the liability to charge interest u/s 201(1A) till the date of payment of taxes by the deductee assessee or the liability for penalty u/s 271C of the IT Act". This kind of appellate findings clearly go to show that the levy of interest