Int u/s 234a,234b and 234c if amt is applicable

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yogesh vijaykumar shah (Querist)
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20 September 2013 Kindly let us know whether the interest u/s 234A, 234b and 234C is applicable if the assessee has to pay Alternate Minimum Tax (AMT). Kindly advise us with case law.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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21 September 2013 Dear Sir,

234A may apply as it is for nonfiling of return.

it has been held that 234B and 234C also apply to MAT cases.

You may refer to the following link for Supreme Court judgment in case of Rolta on the same topic.

http://indiankanoon.org/doc/1959710/

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