Case Law Details
Case Name : The Commissioner of Income-tax Vs M/s. Baby Marine Exports (Kerala High Court)
Related Assessment Year :
Courts :
All High Courts Kerala High Court
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
CIT Vs M/s. Baby Marine Exports (Kerala High Court)
If the regular assessment was upheld finally and there was a reassessment and re-computation of total income, the assessee would have been liable to pay advance tax to that extent also, on which, an interest would be levied under Section 234B(3). It is been held that a charge of interest under Section 234B(1) in regular assessment is not a necessary condition for charging interest under Section 234B(3).
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.
Subscribe to Our Daily Newsletter
Sponsored
Sponsored
Sponsored
Search Post by Date