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2011 (10) TMI 278 - KARNATAKA HIGH COURTInterest under 234A and 234B - Income disclosed under VDIS - Assessee challenged levy of interest in the absence of issue of intimation under 143(1) - Held -levy of interest under 234A and 234B when return of income is filed beyond due date is automatic. Even if the Assessing officer does not issue notice under section 148 within the time prescribed and subsequent issue of such notice as provided under the law would result in the assessees deemed to have defaulted. In otherwords, assessees is deemed to have defaulted. Thus decided against assessee.
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