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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Liability towards interest u/s 234A & 234B - assessment u/s 153A ...

Case Laws     Income Tax

March 20, 2017

Liability towards interest u/s 234A & 234B - assessment u/s 153A - The earlier regular assessment in the instant case survives and does not stands abated - liability towards interest under s.234-B & 234-C could not have been raised without disturbing the assessed income assessed earlier - AT

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  8. Reduction or waiver of interest charged under section 234A/234B/234C - Scope and Power

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  10. Interest levied by Revenue u/s 234A and 234B - adjustment of cash seized with the tax-liability determined on assessment - the assessee cannot blame Revenue for its own...

  11. Rectification u/s 154 - Chargeability of interest u/s 234B and 234C - income returned u/s 115JB - The return was assessed under section 143(3) of the Act, and no...

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