Interest Denied Under Section 244A of IT Act for TDS Deposited in Wrong PAN by Employer; Applies Only to Refund Delays by Department: Gauhati High Court

In a significant ruling, the Gauhati High Court dealt with a dispute concerning the non-deposit of tax deducted at source (TDS) by the Border Roads Organization (BRO) on behalf of M/S Surya Construction, a partnership firm. The case, involving financial discrepancies spanning several years, highlights key provisions of the Income Tax Act, 1961, particularly Section 194C and Section 244A, relating to tax deduction and the payment of interest on delayed…