28 January 2015
Whether the Representative Assessee is liable to pay Interest under Section 234B and 234C of the Income-tax Act. Assessment completed u/s 143(3) of the Act and interest charged by the AO. Because section 161 speaks for tax only and is silent for interest. Our Appeal is on this issue and is likely to be heard on first week of February'2015. Kindly provide the case law and other advice on this issue.
With Regards CA LAKSHMISH KANT ISHASSOCIATES@GMAIL.COM
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