Late Deposit of TDS in Compliance with Interim Injunction order During Pendency of Writ Petition: ITAT deletes Interest for Late TDS deposit against Central Bank of India [Read Order]

By Fathima Karama A.M - On September 16, 2023 7:30 pm - 2 mins read
Late Deposit of TDS - TDS - Late Deposit of TDS in Compliance with Interim Injunction order - Deposit - ITAT - taxscan

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the interest for late deposit of Tax Deducted at Source (TDS) against the Central Bank of India as the late deposit of TDS was in compliance with interim injunction order during the pendency of writ petition. The assessee, Central Bank of India deducted TDS…

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