charging of interest under Section 234 AB &
C as a whole levy of fee of ₹5,000/- under Section 234F ... interest u/s 234B and 234C ,
ground number six is with respect to imposing a fee of ₹
5000 u/s 234F
amount as specified in clauses (I) to
(vi) of sub-section (1) of that section exceeds one lakh
rupees."
3. The learned counsel appearing ... time, the some would entail interest
under Sections 234A and 234B respectively, late fees
under Section 234F and penalty under Section 271B
only challenge in this writ petition is to the vires
of section 234F of the Income Tax Act, 1961.
It is further submitted on behalf
further levied a penalty of Rs 1000/- u/s 234F;
vi) All the documents of the paper-book were duly furnished before the
authorities below ... 2022-NICON INFRA LLP.
1000/- u/s. 234F of the Act as the assessee filed the return of income well in time
interest u/s 234A, 234B and
234C of the I.T.Act was also charged. In addition to the above,
penalty u/s 234F ... consequential in nature. He allowed ground
relating to the penalty u/s 234F of the I.T.Act.
6. Aggrieved by the order
statement of income:
1. Voluntary contribution forming part of corpus
as Per section 11(1)(d) NIL
IT(TP)A No.984/Bang/2022
Page ... u/s 234A Rs. 48,377/-
Interest u/s 234B Rs. 1,24,398/-
Interest u/s 234C Rs. 34,901/-
Interest u/s 234F
u/s. 234B and Rs.52,14,105 u/s. 234C and
enhanced the late fees u/s 234F ... that as per the said instruction, an assessee can file
the return u/s. 139(4A) for claiming the deduction
Appeals)
ought to have allowed exemption under section 11 read with second
proviso to Section 12A(2) of Income Tax Act,1961.
7. The learned ... Appeals) ought to have held
that the provisions of section 234A , 234B , 234C and 234F are not
applicable in the appellant Society's case
1041423040(1) dated 24.03.2022 against
the assessment order passed u/s 143(3) read with sections 143(3A) &
143(3B) of the Income ... assessment order u/s 143(3) of the Act.
iv. For that the interest charged u/s 234A , 234B , 234C & 234F
amounting
income being fully exempt as provided in Section SOP of the I.T. Act, it should not
have been treated as taxable ... erred in law and on facts, in upholding the addition u/s. 143(1) by A.O. without
appreciating the fact that no show cause
