Interest payable on late TDS payment for delay due to Cheque clearing / Govt holiday

ITAT AGRA BENCH G.M., Mprrda, PIU  V/s. Income-tax Officer (TDS), IT Appeal NOs. 370 & 371 (Agra) of 2011 Assessment Year 2008-09 Date of Pronouncement – 08.06.2012 ORDER Bhavnesh Saini, Judicial Member – Both the appeals by the above assessees are directed against different orders of the ld. CIT(A), Gwalior dated 22.07.2011 for the assessment year 2008-09, challenging the demand of interest u/s. 201(1A) of the IT Act amounting to Rs. 69,810/- and Rs. 42,258/- respectively. 2. Both the assessees challenged the order of the AO passed u/s. 201(1A) of the IT Act bef...