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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Waiver of levy of interest u/s 234B - Application made u/s ...


Chief Commissioners of Income Tax Cannot Waive Interest u/s 234B Without CBDT Directions; Apply via Section 119(2)(a).

May 3, 2016

Case Laws     Income Tax     HC

Waiver of levy of interest u/s 234B - Application made u/s 119(2)(a) before CCIT - Chief Commissioners of Income Tax cannot exercise that power except in accordance with directions which are issued by the CBDT - HC

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