Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1989 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1989 (9) TMI 8 - HC - Income TaxExtract: ....... that Explanation, assessed tax for the purpose means tax as reduced by that deducted at source or paid in advance. Having regard to this Explanation, the question is answered thus. The quantum of penalty is liable to be computed with reference to the total tax payable by the assessee as reduced by the advance tax paid by him. No order as to costs.
|