The common issue that needs to be decided in these appeals is as to whether the Revenue authorities were justified in levying interest under section 201(1A) of the Income-tax Act, 1961 ('the Act') for delaying in remitting tax deducted at source to the credit of the Central Government. The admitted factual position is that the assessee deducted tax at source and deposited the same to the credit of the Government of India. It is not disputed that the tax deducted for a month were remitted on the 7th day of the next month which is the prescribed due date for remittance of tax deducted at source. The assessee remitted tax in the Online Tax Accounting System (OLTAS). In the OLTAS, the date of remittance was shown as 8th/9th of the succeeding month. It is also not disputed that the payment was made online by the assessee and the date of payment as per challan used by the assessee for making payment of TDS and the date as per the bank statement and the date as per the TRACES were 7th of the succeeding month. Since the date of remittance as per the OLTAS was after 7th of the next month, the AO charged interest under section 201(1)(1A) of the Act.