MAT
This query is : Resolved
sandip das
(Querist)
01 January 2010
Whether Interest is payable for delay payment of MAT u/s 234B & 234C?
Aditya Maheshwari
(Expert)
01 January 2010
yes
01 January 2010
Interest under section 234B and C were also leviable on income computed under section 115JB.
Citation:- Madras Pharmaceuticals (P) Ltd Vs. DCIT (2008) 24 SOT 180 (Mum-Tri).
Citation:- Madras Pharmaceuticals (P) Ltd Vs. DCIT (2008) 24 SOT 180 (Mum-Tri).
CA Ravi Sisodia
(Expert)
01 January 2010
yes
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