Levy of interest u/s. 115P for short payment of DDT not being part of order u/s. 143(3) cannot be revised u/s. 263

Bijni Dooars Tea Company Ltd. Vs PCIT (ITAT Kolkata)

ITAT Kolkata held that revision of assessment order passed u/s. 143(3) unsustainable as levy of interest u/s. 115P of the Income Tax Act for short payment of Dividend Distribution Tax (DDT) u/s. 115-O of the Income Tax Act, which comes under a separate Chapter, was not part of assessment order.

Facts-

Assessee filed its return of income. AO having taken note of details submitted in the

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