Section 234B & 234C Interest not leviable on additional income taxable due to unanticipated event

Colt Technology Services (1) Pvt. Ltd. Vs DCIT (ITAT Delhi) Facts- The assessee Company is incorporated in India on April 1, 2004 and is a part of the Colt Group of Companies and provides Information Technology Enabled Services and contract software development solutions to its associated enterprises. The assessee performs back-end operations in all business areas such as network operations and engineering, IT service provisioning, sales and marketing support, human resources and finance. The assessee company filed its ROI on 29.09.2010 electronically declaring an income of Rs. 18,08,195/- und...