Levy of interest u/s. 234B and 234C - MAT - after 07.1.2011 ...
Interest u/ss 234B and 234C: MAT Taxpayers Pay Advance Tax; Interest for March Default Only Post-Jan 2011.
March 28, 2016
Case Laws Income Tax AT
Levy of interest u/s. 234B and 234C - MAT - after 07.1.2011 position became very clear that the assessees to be taxed u/s. 115 JB would also have to pay advance tax - interest should be levied for the default of March installment only and not for the earlier three installments. - AT
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