facts in
confirming the levy of interest u/s 234A , 234B and 234C of the Act.
5. The learned Commissioner of Income Tax (Appeals ... amount of tax, no interest
can be computed u/s 234B and 234C of the Act.
2. Facts in brief are that the deceased assessee
appellant denies the liabilities of interest u/s 234B , 234C and
234D of the Act. Further prays that the interest if any should be
levied ... opportunity has been given before levy of interest u/s 234B , 234C
and 234D of the Act.
15. Without prejudice to the appellant
learned 1 Assessing Officer has erred in
charging interest u/s 234C of Rs. 1,10,23,074/-. The Id
CIT(Appeal) has also erred ... ground No. 4, the assessee has challenged interest under
section 234C of the Act, amounting to Rs.1,10,23,074/-.
7.1 Before
confirmed the additions/disallowances in respect of
charging of interest u/s. 234C , Disallowance of bad debts written off,
Disallowance of prior period expenses ... debts period to (c) i.e. the stock
u/s. 234C written off expenses year in which
deleting the interest charged of
` 1,95,800, under section 234B and 234C of the Income Tax Act, 1961
(for short ... completing the assessment, the Assessing Officer charged interest
under section 234B and 234C of the Act alleging default in payment of
advance tax. Assessee challenged
under the law in not deleting interest
charged u/s 234B and 234C of I.T. Act in respect of disallowance on account ... discussed the issue relating to charging of interest u/s 234B and
234C of the I.T. Act. However, before
fact that assessed tax for the purpose of Section 234B
and 234C of the lncome Tax Act 1961 was computed without
considering available MAT Credit ... Assessment Year 2006-2007. Computation of lnterest under Section
234B and 234C was not made in accordance with Explanation 1(v) to
Sub-Section
facts in confirming the levy of interest u/s. 234A, 234B and 234C of the
Act.
2. The Ld. Commissioner of Income-Tax (Appeals ... amount of tax, no interest can be computed u/s 234B and 234C of the Act.
3. The Appellant craves leave of Your Honour
facts in upholding the
levy of interest under section 234B and 234C of the Act,
which on the facts of the case was not leviable ... That while upholding the levy of interest under section
234B and 234C of the Act, the learned Commissioner of
Income Tax (Appeals) has failed
erred in holding that the interest u/s 234B & 234C is
mandatory. In the facts and circumstances of the case, it is submitted that ... 15JB of the Act & therefore interest u/s 234B & 234C is not chargeable.
It is submitted that it be so held now.
Your
