2016 (10) TMI 810

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..... eld that:- Assessee himself had deposited tax which was more than ultimate amount found as Tax payable. If an assessee has deposited higher amount of tax than returned tax accepted by Revenue, the question of levy of interest under Section 234-A would not arise.
Hon'ble Sudhir Agarwal And Hon'ble Kaushal Jayendra Thaker, JJ. For the Petitioner : Rakesh Kumar Garg For the Respondent : .....

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..... 09) 309 ITR 231 (SC). 4. Learned Counsel for respondents contended that amount seized cannot be treated to be tax deposited by assessee. In present case, admittedly return was filed belatedly and hence belated deposit of tax to interest demanded under aforesaid provision. He has also placed reliance in Karanvir Singh Gossal Vs. Commissioner of Income-tax and another, (2012) 349 ITR 692. 5. Despi .....

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