High Court upholds ITAT decision on interest liability under sections 234B & 234C of Income Tax Act

The High Court of Bombay dismissed the appeal challenging the Income Tax Appellate Tribunal's order on interest liability under sections 234B and 234C of the Income Tax Act, citing consistency with past judgments and no new legal questions.

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The High Court of Bombay dismissed the appeal challenging the order of the Income Tax Appellate Tribunal regarding the liability to pay interest under sections 234B and 234C of the Income Tax Act. The Tribunal's decision was based on previous judgments, and the High Court found no substantial question of law to consider differently. The appeal was dismissed.

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