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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Levying of interest u/s 215 - advance tax - merely because there ...


Interest u/s 215 Applies Despite Non-Fault Delays; No Automatic Waiver for Taxpayers.

December 31, 2018

Case Laws     Income Tax     HC

Levying of interest u/s 215 - advance tax - merely because there is an observation that delay cannot be attributed to the assessee itself, that will not result in waiver of interest.

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