TMI Blog2017 (3) TMI 1577X X X X Extracts X X X X X X X X Extracts X X X X ..... restore the issue to the file of the AO with a direction to recompute the interest u/s 234A, 234B and 234C after taking into account the tax deductible on total income of the assessee by affording fair and reasonable opportunity of being heard to the assessee. - ITA NO.3271/Mum/2015 - - - Dated:- 20-3-2017 - SHRI MAHAVIR SINGH, JM AND SHRI RAJESH KUMAR, AM For The Appellant : Shri Dhaval ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n this appeal be restored to the file of the AO, wherein it has been decided to calculate the interest u/s 234A, 234B and 234C after considering the amount of tax deductible at source on the income assessed. 3. The ld.DR did not object to the plea putforth by the ld.AR. 4. After hearing both the parties and on perusal of the record including the orders of authorities below and case law relie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inent Holdings Pvt. Ltd. in ITA NO.2139/Mum/2013 dated 18/6/2014, which also was a case of notified entity under the Special Court (Trial of Offences relating to transactions in Securities) Act, 1992. At the time of hearing this aspect of the matter was fairly conceded by the Ld. Representative of the assessee. 6.1 The second plea of the assessee is with regard to the quantum of interest chargeabl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... succeeds. 5. Respectfully following the decision of the Co-ordinate Bench of the Tribunal in assessee s own case, we restore the issue to the file of the AO with a direction to recompute the interest u/s 234A, 234B and 234C after taking into account the tax deductible on total income of the assessee by affording fair and reasonable opportunity of being heard to the assessee. 6. In the re ..... X X X X Extracts X X X X X X X X Extracts X X X X
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