{"id":14316,"date":"2020-12-07T14:45:22","date_gmt":"2020-12-07T14:45:22","guid":{"rendered":"https:\/\/itatonline.org\/digest\/citltu-v-asea-brown-boveri-ltd-2020-427-itr-166-192-dtr-376-272-taxman-224-karnhc-5\/"},"modified":"2020-12-07T14:45:22","modified_gmt":"2020-12-07T14:45:22","slug":"citltu-v-asea-brown-boveri-ltd-2020-427-itr-166-192-dtr-376-272-taxman-224-karnhc-5","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/citltu-v-asea-brown-boveri-ltd-2020-427-itr-166-192-dtr-376-272-taxman-224-karnhc-5\/","title":{"rendered":"CIT(LTU) v. Asea Brown Boveri Ltd. (2020) 427 ITR 166 \/192 DTR 376\/ 272 Taxman 224 (Karn)(HC)"},"content":{"rendered":"<p>Court held that the Tribunal was right in holding that an order under section\u00a0201(1)\u00a0was mandatory for levying of compensatory interest under section\u00a0201(1A)\u00a0for the delay in remittance of the tax deducted at source and deleting the interest. \u00a0( AY.1995-96)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 201 : Deduction at source &#8211; Failure to deduct or pay -Levy of  compensatory interest \u2014 Order treating assessee as in default mandatory [ S.201(1) , 201(IA) ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-14316","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3IU","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=14316"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14316\/revisions"}],"predecessor-version":[{"id":14317,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14316\/revisions\/14317"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}