Pan Emami Cosmed Limited vs Commissioner Of Income Tax on 6 January, 2016
29. Respectfully following the order of this Tribunal in assessee's own
case for A.Y. 2005-06 as well as the decision of the Hon'ble Jurisdictional
High Court in the case of Emami Limited (supra), we cancel the interest
imposed under sections 234B and 234C and allow Ground No. 2 of the
assessee's appeal for A.Y. 2007-08.