Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income Tax Act Section 234B Amended: Interest Rate Reduced from 2% to 1.5% Effective June 1, 1999.</h1> Section 234B of the Income-tax Act has been amended by the Finance Act, 1999. The amendment involves a change in sub-sections (1) and (3), where the interest rate is reduced from 'two percent' to 'one and one-half percent.' This change is effective from June 1, 1999.
TaxTMI 
TaxTMI 
