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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Levy on interest u/s 234B, 234C on arrears of tax payable due to ...


Court Rules No Interest on Tax Arrears Due to Retrospective Amendment u/ss 234B and 234C of Income Tax Act.

June 27, 2012

Case Laws     Income Tax     HC

Levy on interest u/s 234B, 234C on arrears of tax payable due to retrospective amendment - amendment to Section 115JB of the Act - not liable to pay interest on the amount due as per the amended provision - HC

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