Search Results Page
Search Results
1 - 10 of 18 (0.23 seconds)Section 208 in The Income Tax Act, 1961 [Entire Act]
Section 234A in The Income Tax Act, 1961 [Entire Act]
Section 143 in The Income Tax Act, 1961 [Entire Act]
Section 209 in The Income Tax Act, 1961 [Entire Act]
Section 234C in The Income Tax Act, 1961 [Entire Act]
Kalyan Kumar Ray vs Commissioner Of Income Tax, West ... on 6 August, 1991
On the same
analogy the learned counsel tried to distinguish the judgment of the
Supreme Court in Kalyan Kumar Roy v. Commissioner of Income
Tax (supra).
Commissioner Of Income-Tax And Ors. vs Ranchi Club Ltd. on 1 August, 2000
In CIT v. Ranchi Club Limited (supra) the question was as to
whether levy of interest under Section 234A was justified. Liability
under this provision arises where the assessee fails to file the return
of income either under Section 139(1) or (4) or Section 142(1) of the
Act pursuant to the notices issued there under or files the same after
the due date. In this context, the Patna High Court was of the opinion
that where return is filed within time, but a particular item of income
is in dispute as being includible within tax income or not, the mere
issue of notice under Section 142 will not confer jurisdiction upon the
authority to levy interest under Section 242A of the Act. Section
234B of the Act, on the other hand, authorizes the Revenue to charge
interest in case no advance tax is paid or short paid. Sub-Section (1)
thereof read as under:-