2018 (4) TMI 1037

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..... nce we are not having the proceedings for tax dispute before us which is admitted atleast for a limited period, the interest liability has arrived at by the lower authorities cannot be disputed - appeal dismissed - decided against appellant.
SMT. ARCHANA WADHWA, JUDICIAL MEMBER AND SHRI B. RAVICHANDRAN, TECHNICAL MEMBER Appearance Shri N. Viswanathan, Advocate, for the Appellant Shri Arul C. .....

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..... est not paid for the period of liability. Such differential interest amounting to ₹ 2,76,871/-. In the meantime, the appellant paid the said differential interest under protest. The lower authorities confirmed such liability of interest. However, the impugned order set aside the penalty imposed by the original authority. 2. The Ld. Counsel submitted that they are not at all liable to pay se .....

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..... rtial calculation of interest. We also cannot take the present plea that the tax liability itself will not come and accordingly the appellant paid the interest only for the normal period of limitation for tax liability. It would appear that the appellant is admitting tax liability and of such interest though for a limited period. Since we are not having the proceedings for tax dispute before us wh .....

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