2019 (12) TMI 215

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... te Tribunal was justified in holding that the assessee is not liable to pay interest under section 234A of the Income Tax Act, 1961 for the period during which, it could not have filed the valid return of income under sub-section (4) of section 139 of the Act? - R/TAX APPEAL NO. 720 of 2019 - - - Dated:- 18-11-2019 - HONOURABLE MS.JUSTICE HARSHA DEVANI AND HONOURABLE MS. JUSTICE SANGEETA K .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... issued under section 148 of the Act on 28.09.2011 and hence, the assessee was liable to pay the interest at the rate of one percent per month from the due date i.e. 31.07.2008 to 28.09.2011. It was submitted that if the assessee had not filed the return of income in response to the notice issued under section 148 of the Act, he would have been liable to pay the interest from the due date of comple .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X