Interest liability under Section 234B - non-payment of advance ...
Section 234B Interest Not Applicable: No Advance Tax or TDS Deduction Required for NIL Income Returns in Reassessment.
January 31, 2015
Case Laws Income Tax HC
Interest liability under Section 234B - non-payment of advance tax - non deduction of tds - no interest is leviable on the respondent assessees under Section 234B, even though they filed returns declaring NIL income at the stage of reassessment. - HC
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