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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Interest levied under section 234B - non-payment of advance tax ...

Income Tax

June 7, 2016

Interest levied under section 234B - non-payment of advance tax by the payer - as the tax was ‘deductible’ u/s 195 of the act there is no failure on part of the assessee in payment of advance tax. - AT

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