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2011 (4) TMI 106 - HC - Income TaxInterest u/s 234B and 234C - unpaid bonus - it was submitted by the assessee, that the provision was made by the assessee company in its books of account for bonus payable to the employees and the said amount was deductible on payment thereof to the employees on or before 30th November, 1996, being the due date for filing of the Income-tax return. The assessee could not have anticipated that the said amount of bonus shall remain unpaid upto 30th November, 1996 and it was only because of the refusal of the employees to accept the said bonus that the same remained unpaid. - Held that: tribunal has not decided any issue relating to interest - matter restored to the file of AO.
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