TDS deductor only liable for Interest & Penalty not for TDS

Allahabad High Court Jagran Prakashan Ltd.-vs.- DCIT (TDS) WRIT TAX NO. 388 OF 2012 Date of Decision – 23 May 2012 Judgment Ashok Bhushan, J. – This writ petition by a public Ltd. Company, publishing a Hindi daily newspaper “Dainik Jagaran” has invoked the jurisdiction of this Court under Article 226 of the Constitution of India challenging the initiation of proceedings under sections 201 and 201(1A) of Income Tax Act, 1961 (hereinafter referred to as ‘Act’) vide notices dated 19.3.2012 and 21.3.2012 on the allegation that although the petitioner had allowe...