Applicability of interest u/s 234-B and C

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..... Can the interest u/s 234-B and 234-C imposed where the assessment has been completed after proceedings u/s 147 / 148 . Pl also provide the case law. - Reply By CA GOPAL JI AGRAWAL - The Reply = .....

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..... Interest u/s 234B would be leviable on the assessed tax in terms of the regular assessment made u/s 147 as per the explanation 2 to section 234B . But the interest u/s 234C is not leviable as .....

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..... the same is levied on shortfall of tax on RETURNED INCOME only not on assessed income. - Applicability of interest u/s 234-B and C - Query Started By: - Sunil Jain Dated:- 26-2-2009 Income Tax - Got .....

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..... 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Tax .....

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..... TMI - TMITax .....

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