Dismissing the appeal of the assessee the Court held that the  psayment to contractor without deduction of tax deduction at source. Disallowance is held to be proper. Court also held thatnon-compliance with statutory requirements invited consequences of levy of interest under sections 234A and 234B of the Act. The discretion was rightly exercised by the Assessing Officer for levying interest on the tax determined in this behalf. (AY.2012-13)