Non-residents are not liable to pay interest u/s 234B and 234C for shortfall/deferment in advance-tax

A non-resident whose income is liable to deduction of tax at source under s. 195 is not liable to pay advance tax u/s 209 (1)(d). Consequently, there can be no liability on such assessee u/s 234B for shortfall in advance tax. IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 1037 OF 2008 The Director of Income Tax (International Taxation), 107 Scindia House, N.M.Road, Ballard Pier, Mumbai 400 038. … Appellant v/s M/s.NGC Network Asia LLC, C/o S.R.Batliboi & Co., 18th floor, Express Towers, Nariman Point, Mumbai 400 0...