Interest u/s 234B was correctly charged in the assessment order...
Interest u/s 234B can increase after set-aside assessment u/ss 143(3) and 147.
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Income TaxJuly 21, 2012Case LawsHC
Interest u/s 234B was correctly charged in the assessment order passed u/s 143(3)/147 and therefore it could be subsequently enhanced on completion of set aside assessment. - HC