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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

No penalty or interest can be imposed for non-fulfillment of an ...

Case Laws     Income Tax

September 3, 2013

No penalty or interest can be imposed for non-fulfillment of an act which a Notified Party is prevented from doing by reason of the Special Court Act. - Assessee cannot therefore be foisted with interest liability under section 234A, 234B and 234C - AT

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