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2011 (1) TMI 1187 - HC - Income TaxWhether in a re-assessment completed under section 153A read with section 143 (1) of the Income-tax Act (hereinafter referred to as the Act for short), interest for short payment of advance tax is to be demanded for the period provided under section 234B(1) or section 234B(3) of the Act – Held that:- Department conducted search and made revised assessments under section 153A of the Act though by accepting returns of undisclosed income filed and by issuing proceedings under section 143(1) read with section 153A of the Act, assessments under section 153A are revised assessments and so much so, interest could be demanded for the period mentioned in section 234(B)(3) of the Act as held by the Tribunal, order of the Tribunal upheld and dismiss the Department appeals
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