Income-tax is perhaps the only law wherein various developments take place time and again. This blog aims at keeping various professionals like Chartered Accountants, Advocates and Tax Practitioners updated about latest judicial pronouncements and new developments in the Income-tax law.
Friday, 29 March 2013
No interest u/s 234B can be levied unless AO gives specific direction in the Asst. Order:
No
interest can be levied through a notice of demand unless there is any specific
direction giving reference to the section charging interest in the Assessment
Order.
[S.K.PATEL
FAMILY TRUST - TAX APPEAL No.84 of 2000 - GHC]
No comments:
Post a Comment