D. D Township Ltd. v. ITO (2018) 61 ITR 1 (Delhi) (Trib)

S. 201 : Deduction at source – Failure to deduct or pay – Charge of interest is mandatory even if recipient has paid for short deduction of tax . [ S. 194A ]

Tribunal held that ,the provision for payment of interest is mandatory and automatic and interest has to be paid from the date on which the tax was chargeable till the date on which tax is actually paid. Even if the recipient had paid the tax, for the short fall, the interest shall have to be paid by the assessee. ( AY. 2009- 10)