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2008 (3) TMI 307 - GUJARAT HIGH COURTSettlement commission hold that interest was leviable u/s 234B even in a case where the conditions stipulated under s.s (1) of S. 234B were not fulfilled - while passing an order u/s 245D(4) the Commission exercises powers of an income-tax authority as provided u/s 245F and the Commission cannot be precluded from fastening liability to pay interest for that portion of income forming part of the total income as determined by the Commission which was not earlier disclosed before the AO, even if no interest could have become leviable if originally disclosed income is considered in isolation by operation of section 234B(1)
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