Assessee can not claim waiver from Interest u/s 234B, even if delay in payment is unintentional

RELEVANT PARAGRAPH

9. We have given our due consideration to the aforesaid submissions of the counsel on the either side. The important fact which is to be borne in mind in the present case is that no advance tax was paid by the assessee at all in the assessment year in question on the plea that such tax was not payable as the assessee had set off the interest income earned by it against the interest paid. This move of the assessee was held to be not a proper co

Please become a Premium member. If you are already a Premium member, login here to access the full content.