Levy of interest under Section 234B, 234C and 220(2) - assessee ...

Court Rules Interest Imposed on Assessee Valid; Litigation Time Does Not Halt Income Tax Interest Accrual u/ss 234B, 234C, 220(2).

October 12, 2012

Case Laws Income Tax HC

Levy of interest under Section 234B, 234C and 220(2) - assessee contested against imposition of interest as 30 days time had not expired - appellant cannot take benefit of the time spent in the litigation because for the said period the department could not utilise the amount of tax. - HC

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Levy of interest under Section 234B, 234C and 220(2) - assessee ...

Court Rules Interest Imposed on Assessee Valid; Litigation Time Does Not Halt Income Tax Interest Accrual u/ss 234B, 234C, 220(2).

October 12, 2012

Case Laws Income Tax HC

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