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1996 (7) TMI 179 - ITAT CHANDIGARH
Extract:
.......s part of the process of assessment and issuance of show-cause notice was not a condition precedent before charging the interest. We accordingly uphold the action of the lower authorities in charging the interest under s. 234B. Consequential relief may, however, be allowed to the assessee as per law. 58. In the result, the appeal is partly allowed.