Interest u/s 201(1A)- Up to Date of Payment or date of filing return of income?

Medicare TPA Services India Pvt. Ltd. Vs ACIT-TDS (ITAT Kolkata)

Interest u/s 201(1A) of the Act could be charged only upto the date of payment of taxes by the deductees and not upto the date of filing of return of income.

We find lot of force in this argument of the ld AR in as much as the interest u/s 201(1A) of the Act is only compensatory in nature and the Government should be compensated for the delayed remittance of TDS from the date of default by the deductor to the

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