Order under section 119(2)(a) of the Income-tax Act, 1961, regarding benefits/concessions available to the migrants and residents of Kashmir Valley for the assessment year 2007-08

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..... s of Kashmir Valley for the assessment year 2007-08 F. No. 275/12/2007-IT(B) dated 26th April, 2007. Order under section 119(2)(a) of the Income-tax Act dated 1-9-1992, was issued by the Board (File No. 243/6/90-ITA-II) waiving interest chargeable under section 234A and section 234B of the Income-tax Act, 1961 for the delay in filing of returns and non payment of advance tax, respective .....

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..... y year by the Board up to assessment year 2006-07. 4. It is hereby further ordered that the interest chargeable under section 234A and section 234B of the Income-tax Act, 1961 for the assessment year 2007-08 shall be waived for the period up to the date of filing of the return of income or up to 31-3-2009, whichever is earlier, in respect of the migrant assessees of Kashmir Valley and assessees .....

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