Case law - interest U/s. 234B & 234C on MAT

[Ashutosh Chhawchharia]

Please refer a case which has been confirmed by Supreme Court except the case of Kwality Biscuit - for levying interest U/s. 234B & 234C on MAT Tax?

[CAGOPALJI AGRAWAL]

[2008] 303 ITR (A.T.) 0118- [Income-tax Appellate Tribunal--Cochin] Escapade Resorts P. Ltd. v. Assistant Commissioner of Income-tax

AI Summary

Interest under sections 234B and 234C may apply to MAT liabilities; tribunal authority cited in support. Whether interest under sections 234B and 234C applies to liabilities computed under the Minimum Alternate Tax (MAT); the respondent cites the ITAT Cochin decision Escapade Resorts P. Ltd. v. Assistant Commissioner of Income-tax ([2008] 303 ITR (A.T.) 118) as authority, with the Kwality Biscuit decision expressly excluded from consideration.