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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Liability to pay interest u/s 234B(2A) - retrospective ...


Interest Liability u/s 234B Applies Retrospectively to Pending Orders or Those Passed After June 1, 2015.

January 22, 2019

Case Laws     Income Tax     HC

Liability to pay interest u/s 234B(2A) - retrospective legislation - sub-section (2A) to Section 234B would be applicable to all proceedings in which orders are pending and /or in which orders u/s 245D(4) are passed on or after 1st June, 2015.

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