Interest levied under section 234B - non-payment of advance tax ...

Interest Not Applicable for Non-Payment of Advance Tax if Deductible u/s 195; Assessee Not at Fault.

June 7, 2016

Case Laws Income Tax AT

Interest levied under section 234B - non-payment of advance tax by the payer - as the tax was ‘deductible’ u/s 195 of the act there is no failure on part of the assessee in payment of advance tax. - AT

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Interest levied under section 234B - non-payment of advance tax ...

Interest Not Applicable for Non-Payment of Advance Tax if Deductible u/s 195; Assessee Not at Fault.

June 7, 2016

Case Laws Income Tax AT

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