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2009 (7) TMI 57 - HC - Income TaxInterest u/s 234B - Period of computation - whether Interest under Section 234B can be claimed upto the date of intimation under Section 143(1) or regular assessment under Section 143(3) - Whether the interest under Section 243B can be charged along with interest under Section 220 - Held that interest u/s 234B is payable upto the date of assessment u/s 143(3) - Interest payable u/s 220 is not connected with section 234B and interest u/s 220 is payable for failure to pay demand u/s 156 - Simultaneous levy of interest u/s 234B and 220 are not unconstitutional - decision in the matter of Umesh S. Bangera vs. Union of India & Ors., [2008 -TMI - 11128 - BOMBAY High Court ] followed.
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