relating to deletion of interest charged under section 234B and under section 234C on identical facts and circumstances. The Honble Gujarat High Court vide judgment ... question relating to deletion of interest charged under sections 234B and 234C of the Act.
23. The learned counsels relied on the decision
erred in confirming the calculation of interest under Sections 234B and 234C by invoking provisions of Explanation to Section 140A inasmuch as the interest under ... Sections 234B and 234C has to be calculated as per the respective section and not by applying Explanation to Section 140A.
2. The assessee further
payments made towards
interest u/s 234 B & 234C of the Act?
2. On the facts and in the circumstances of the case ... Income Tax/Corporate tax
but against interest u/s 234B and 234C and the same amounts to granting of
interest on interest
given.
3. That interest charged under section 234B and 234C is against th e
facts and law and therefore the learned AO be directed ... delete
the interest charged under section 234B and 234C of the Act.
4. That the appellant craves liberty to add, amend, alter and delet
erred in cancelling the interest charged u/s 234B and 234C
on the basis of deemed total income under section 115JB totally
disregarding sub-section ... appeal relates to levy of interest u/s
234B & 234C of the Act on tax determined on book profits in terms
of provisions
excess DDT as
well as levy of interest u/s. 234B and 234C of the Act. Ld. CIT(A)
directed ... India and U.K. and also consequential interest u/s.
234B and 234C of the Act. However, the Ld. A.O. still rejected the
claim
Assessing Officer to
delete the interest charged under sections 234B and 234C of the
Income tax Act, 1961.
4. On the facts ... Assessing Officer to delete the
interest charged u/s.234B & 234C of the I.T. Act, 1961.
9. On the other hand
case in directing to
delete the interest charged u/s 234B & 234C of the I.T. Act on the income
assessed u/s 115JB ... inter alia, charged
interest u/s 234B & 234C of the Act while determining book profits
in terms of provisions of sec. 115JB
completed on
16.11.1999. The AO charged interest u/s 234A , 234B & 234C ... dated
15.1.2007 the AO directed to charge interest under section 234A , 234B ,
234C & 234D as per law. In this order interest u/s 234A
case in directing to
delete the interest charged u/s 234B & 234C of the I.T. Act on the income
assessed u/s 115JB ... inter alia, charged
interest u/s 234B & 234C of the Act while determining book profits
in terms of provisions of sec. 115JB
