Section 234A in The Income Tax Act, 1961
234A. Interest for defaults in furnishing return of income.
(1) Where the return of income ... assessment year under sub-section (1) or sub-section (4) or sub-section (8A) of section 139, or in response to a notice under
clause (i) of clause (c), the provision of this sub-section shall have the effect as if- 43 of 1961. (a) for the figures, letters ... third proviso shall not apply to Explanation 1 to section 234A of the Income-tax Act, 1961(43 of 1961) in cases where the amount
under sub-section (1) or sub-
section (4) of section 139 , or in response to a
notice under sub-section (1) of section ... defined in Section 2(43) of the Act while penalty is
covered by Section 245H and interest under Sections 234A ,
234B and 234C
defined under Section
2(40) , or re-assessment under Section 147 has no relevance. The liability to
pay interest under Sections 234A , 234B and 234C ... relates to the period for which interest
is chargeable under Section 234B . Sections 234A , 234B and 234C relate to
three different types of infractions. Under
paid
by the assessee under section 140A or otherwise. Section 140A
provides for self-assessment. Sub-section (1) of section 140A as it
stood prior ... required to be
furnished under section 139 or section 142 or section
148 or, as the case may be, section 158BC, after taking
into account
revision or settlement mentioned in the sub-section.
(v) Sub-section (4) provides that provisions of this section shall apply to the assessment year ... Apex Court while considering of section 139(8) of the Act, which is in pari materia with section 234A in the following terms
income under Section 139 . The return of income can be called for under Sub-section (1) of Section 142 and Section ... income as determined under Sub-section (1) of Section 143 or the regular assessment under Sub-section (3) of Section 143 as reduced
Section 234A in The Companies Act, 1956
234A. [Seizure of documents by Registrar
(1) Where, upon information in his possession or otherwise, the Registrar ... such company or other body corporate [* * *] [Inserted by Act 65 of 1960, Section 73 (w.e.f. 28.12.1960). ] [may be destroyed, mutilated, altered, falsified
character.
13. Let us then turn to section 234B of the Act. This provision like sections 234A and 234C is applicable to the assessment year ... made manifest by the proviso to section 234C , according to which, the provisions of sub-section (1) of section 234C will have no application
issue was debatable.
8. The validity of the provisions of Sections 234A , 234B and 234C of the Act came to be challenged before the Karnataka ... relaxation of any of the provisions mentioned in the Sub-section including Sections 234A , 234B and 234C of the Act. As a matter of fact
