Court :
HC
Brief :
Held by the Hon`ble Court that, there is no time limit under section 140A, however read with sec. 139 there is time limit for payment of the balance tax and for filing of return, and assessee paid the tax on next working day therefore the levy of interest is unsustainable
Citation :
Kerala State Industrial Development Corporation Ltd. Vs. Add.C.I.T. and Others
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