counsel relating to charging of interest under Sections 234B & 234C, the learned Departmental Representative submitted that the decision relied on by the assessee ... view of the above, he submitted that interest under Sections 234B and 234C is chargeable in respect of income-tax payable under the provisions
towards
reversal of interest under sections 234B and 234C of the Act. The Ld. DR
submitted that from the computation of income filed ... account of reversal of interest relating to sections 234B and 234C of the Act.
According to the Ld. DR, interest payable under sections 234B
towards
reversal of interest under sections 234B and 234C of the Act. The Ld. DR
submitted that from the computation of income filed ... account of reversal of interest relating to sections 234B and 234C of the Act.
According to the Ld. DR, interest payable under sections 234B
assessee is related to levy of interest
u/s.234C of the Act.
14.1 The Ld. AR submitted that, the Ld. AO levied the interest ... 234C of the Act on the assessed income, whereas, as per the
provisions of the Act, interest u/s.234C is to be computed
234B - Rs. 4,32,61,903/-
c) Sec.234C - Rs. 41,369/-
2.1 Subsequently, the Assessing Officer passed a Rectification
Order u/s.154 dated ... learned Assessing Officer charged Interest under Sec.234C
by charging Interest on the short fall in Advance Tax till the date of
determination of Income
234B and Rs.
76,44,765/- u/s. 234C of the IT Act.
3. The learned CIT(A) has erred in law in holding that ... failed to appreciate that the provisions
of sec. 234B & 234C come into play only if there existed advance
tax liability
assessee
be exempted from levy of interests u/s.234B & 234C in
respect of the dividend income on which TDS has been made ... assessee
be exempted from levy of interests u/s.234B & 234C in
respect of the dividend income on which TDS has been made
order of the AO levying interests under Sections 234A, 234B and 234C for being considered afresh after affording the assessee an opportunity of being heard ... under Section 234B of Rs. 26,846 and under Section 234C upto 3/94 of Rs. 2,745. In the appeal preferred against the said
derived at the time and, therefore, the provisions of
Sec.234C are not applicable to the entire amount.
4) The learned Commissioner of Income ... petition u/s.154 dated 19.01.2013 regarding the
quantification of interest ujs.234C before the Assessing
Officer. The Assessing Officer issued a letter dated
interest
charged by the Assessing Officer u/s 234A , 234B and 234C of the
IT Act. Since the levy of interest is consequential ... same and determine the
consequential interest u/s 234A , 234B and 234C .
9. In the result, the appeals being
