Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2018 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (3) TMI 53 - HC - Income TaxInterest payable for the belated payment in terms of Section 201(1A) - Held that:- Admittedly, the petitioner has paid only ₹ 3 lakhs and defaulted in payment of monthly instalments. Therefore, the indulgence shown by the Department vide its communication dated 31.3.2017 does not, any longer, appear to enure to the benefit of the petitioner. As rightly pointed out by the learned Senior Standing Counsel appearing for the respondent, teachers would become liable for payment of interest under Section 234A, B and C, which should also be fastened on the petitioner. There is no error in the impugned communication dated 01.1.2018, which is one more opportunity granted to the petitioner. The Department has rightly initiated prosecution and it appears that the petitioner has challenged the same on certain technical grounds by filing, which have been entertained, an order of interim stay has been granted and the personal appearance of the directors has been dispensed with. Thus, considering the facts and circumstances of the case, no indulgence can be granted to the petitioner and the impugned communication does not call for interference.
|