Unlock Advanced Research with PRISMAI Integrated with over 4 crore judgments and laws — designed for legal practitioners, researchers, students and institutions - Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ... Upgrade to Premium Document Options Get in PDF Print it! [Cites 0, Cited by 0] [Section 234A] [Entire Act] Union of India - Subsection Section 234A(2) in The Income Tax Act, 1961 (2)The interest payable under sub-section (1) shall be reduced by the interest, if any, paid under section 140-A towards the interest chargeable under this section.