Excess interest charged due to wrong due date deleted: ITAT Delhi

Abha Bansal Vs ACIT (ITAT Delhi)

ITAT Delhi held that CPC wrongly processed return by considering due date as 5^th August instead of 31^st October. Accordingly, interest charged under section 234A of the Income Tax Act deleted and interest charged under section 234B altered.

Facts- Assessee filed rectification application u/s. 154 of the Income Tax Act. Assessee stated that it is a partner in firm which is liable to tax audit u/s. 44AB. Accordingly, assessee is required to file return on or before 31.12.2013. However, the return processed

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