234 A & 271 B
This query is : Resolved
18 March 2009
Panelty u/s 271 B had been dropped by A.O. due to not reasonable reasons. Whether interest u/s 234 A is levialble or not
18 March 2009
yes it will be leviable
18 March 2009
Yes. Interest is payable even if Penalty is waived off.
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