Friday, May 27, 2011

Even if assessee, on a bona fide calculation, found that no advance tax was

Even if assessee, on a bona fide calculation, found that no advance tax was payable, still liability of interest under section 234B would be attracted on income assessed under section 143(1) or 143(3) - [2011] 10 taxmann.com 107 (Punj. & Har.)

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