Interest u/s 234B on failure to deposit the advance tax in respect of tax payable u/s 115JB of Income Tax Act – Supreme Court admits the question in appeal
ABCAUS Case Law Citation:
ABCAUS 2663 (2018) (12) SC
The Revenue had filed a Civil Appeal on the questions as to whether interest was not payable by the assessee/respondent under Section 234B of the Income Tax Act, 1961 ( the Act) on failure to deposit the advance tax in respect of tax payable under Section 115JB of the Income Tax Act, 1961?
The Hon’ble Supreme Court has admitted the appeal and opined that the question of interest payable under Section 234B of the Act requires an in-depth hearing.
Invitation For Empanelment Of Practising Chartered Accountants / Chartered Accountant Firms Forest Development Corporation of Maharashtra Limited (FDCM Limited), Nagpur,…
Press Registrar General of India (PGRI) invites application for empanelment of Chartered Accountants. The Press Registrar General of India manages…
CBDT notifies revised Form No. 169 for making application for registration as a valuer under section 514 and authorised income…
Curtailing time to file reply to notice u/s 148A(b) from statutorily available 30 days to 15 days seriously prejudiced assessee’s…
At the stage of registration u/s 12AB, the CIT(E) not empowered to adjudicate applicability of provisio to section 2(15) of…
Flower bed area could not be included in the definition of “built up area” to calculate eligible limit of 1000…