Waiver of interest u/s 234C - accruing of income of demerged ...

Case Laws Income Tax

August 10, 2019

Waiver of interest u/s 234C - accruing of income of demerged company - demerger scheme was under contemplation does not mean that approval by the High Court was a certainty - hence till the approval was granted, demerged company could not have anticipated or contemplated flowing of the income in its coffers - Commissioner committed a serious error in rejecting the application for waiver of interest

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Waiver of interest u/s 234C - accruing of income of demerged ...

Case Laws Income Tax

August 10, 2019

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