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Income Tax - Highlights / Catch Notes

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Levy of interest u/s 234B - The mandatory nature of charging of ...


Interest Levy Under Sec 234B is Mandatory, But Imposition Requires Judicial Review and Legal Provision Reference.

May 22, 2012

Case Laws     Income Tax     HC

Levy of interest u/s 234B - The mandatory nature of charging of interest and the actual charging of interest by application of mind and the mention of the proviso of law under which such interest is charged are two different things. - HC

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