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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Levy of Interest u/s 234B(3) - when the re-assessment was ...

Income Tax

January 26, 2014

Levy of Interest u/s 234B(3) - when the re-assessment was concluded u/s 143(3) r.w.s. 254(1) of the Act on a reduced income, the interest chargeable u/s 234B of the Act cannot be higher than what has been levied in the original assessment - AT

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