interest under 234ABC are charged after giving releif or before giving releif.
plz.clarify citing the relevant portion of provisions of Income Tax Act and by giving any example
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section 89(1) relief and interest under section s.234 ABC
Replies (1)
Interest is charged after giving relief during current assessment; but CPC raises demand for the interest over arrears from preceding year/s. Thus finally it is one and same.
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