Tribunal held that that on failure by the payer to deduct the tax at source, no interest could be imposed on the assessee under section 234B of the Act.( AY.2004-05, 2008-09 to 2010-11)
General Motors Overseas Corporation v. ACIT (IT) (2020) 80 ITR 478/ 207 TTJ 404 (Mum) (Trib)
S. 234B : Interest – Advance tax – Failure by payer to deduct tax at source — Interest cannot be imposed.