Interest for Late Original Return Valid Despite Timely Search Filing: ITAT Ahmedabad

Hasmukhbhai Mohanlal Shah Vs DCIT (ITAT Ahmedabad)

Interest u/s 234A Valid on Delay in Original Return Despite Timely 153C Filing – ITAT Ahmedabad Upholds Rectification Levy of ₹92,153

The Ahmedabad Bench of the ITAT dismissed the assessee’s appeal for AY 2017-18 and upheld levy of interest of ₹92,153 u/s 234A, holding that interest is chargeable for delay in filing the original return u/s 139(1)Please become a Premium member. If you are already a Premium member, login here to access the full content.