TMI BlogWhen is interest under Section 234B levied?X X X X Extracts X X X X X X X X Extracts X X X X ..... Section 234B shall be levied if the assessee has the liability to pay the advance tax, but he fails to pay the same or the amount paid as advance tax is less than 90% of the 'assessed tax' ..... X X X X Extracts X X X X X X X X Extracts X X X X
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