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2004 (8) TMI 319 - ITAT BANGALORE-B
Extract:
.......s. 5,000. Accordingly, the assessee was not under obligation to pay advance tax as required under section 208 of the Act. Since the assessee was not required to pay advance tax under section 208, interest under section 234B is not chargeable. We accordingly delete the interest charged under section 234B. In the result, the appeal is partly allowed.