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Income Tax - Highlights / Catch Notes

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Interest u/s 234B - When the assessment was made for the first ...


Interest u/s 234B Applies for Assessments u/ss 147 and 143(3), Considered Regular Assessments.

July 3, 2013

Case Laws     Income Tax     HC

Interest u/s 234B - When the assessment was made for the first time u/s 147 read with Section 143(3), the said assessment is a regular assessment attracting Section 234B(1) and not 234B(3) - HC

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