For failure deduct tax at source on conveyance / additional allowance paid to Development Officer the Assessing Officer held that the assessee was held to be in default. The Assessee file revision application before the Commissioner u/s 264 of the Act, which was dismissed. On Writ, dismissing the petition the Court held that the assessee was liable to deduct tax at source.
Life Insurance Corporation of India v. ITO(TDS) (2021) 205 DTR 429 / 322 CTR 432 / 283 Taxman 573 (Orissa)(HC)
S. 201 : Deduction at source-Failure to deduct or pay-Conveyance allowance-Additional allowance-Development Officers-Liable to deduct tax at source. [S. 10(14), 192, 264, Art. 226]