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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Interest for defaults in payment of advance tax u/s 234B - even ...

Income Tax

February 22, 2016

Interest for defaults in payment of advance tax u/s 234B - even in absence of any direction by the A.O. while passing assessment order under section 143(3) of the Income Tax Act, which according to under section only for determining assessed tax, there can be demand of levy and demand of interest u/s 156 of the Income Tax Act - HC

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