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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Interest u/s 234B was correctly charged in the assessment order ...


Interest u/s 234B can increase after set-aside assessment u/ss 143(3) and 147.

July 21, 2012

Case Laws     Income Tax     HC

Interest u/s 234B was correctly charged in the assessment order passed u/s 143(3)/147 and therefore it could be subsequently enhanced on completion of set aside assessment. - HC

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