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Income Tax - Highlights / Catch Notes

Home Highlights November 2023 Year 2023 This

Computation of interest u/s 234C - i it is pertinent to note ...

Income Tax

November 7, 2023

Computation of interest u/s 234C - i it is pertinent to note that section 234C refers to the term “returned income” in comparison to section 234B which refers to the term “assessed tax” for imposing interest. - AO directed to compute the interest u/s 234C on the “returned income” of the assessee. - AT

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