Date of tendering cheque for payment of TDS dues to be deemed as date of payment of tax

IT : For purpose of levy of interest under section 201(1A) for late deposit of TDS, date of tendering of cheque for payment of Government dues could be deemed to be date of payment of tax and, therefore, where bank causes delay in remittance of said amount to Government account, no interest can be levied under section 201(1A) from assessee

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