Section 234A interest not chargeable if Assessee filed return within due date

Bokaro Power Supply Co. Pvt Vs Addl. CIT Special Range(ITAT Delhi)

In the written submissions the assessee has agitated regarding charging of interest of Rs. 48,069/- u/s. 234 A of the Act and submitted that the company has electronically uploaded form 3CEB on 30^th November 2015 as well as the Income Tax Return on same date which are within the due date prescribed in Explanation 2 to section 139(1) of the Act. Therefore interest u/s. 234(A) has been charged erroneously assuming the date of filing of return as 30.0

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