https://www.taxtmi.com/caselaws?id=65023 The dominant issue was whether interest under ss. 234B and 234C could be levied for failure to pay advance tax on Cash Compensatory Support (CCS) when CCS became taxable only by a retrospective amendment. Relying on CBDT instructions indicating that interest should not be charged where liability arises due to retrospective amendment, and noting the bona fide inability to anticipate such liability, the Tribunal held that no advance-tax default could be attributed to the assessee for CCS; accordingly, interest under ss. 234B/234C was not chargeable on the CCS component. The matter was remitted to the AO to recompute interest after excluding CCS, and the appeal was allowed. en-us Wed, 20 Dec 2000 00:00:00 +0530 Mon, 05 Jan 2026 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65023 The dominant issue was whether interest under ss. 234B and 234C could be levied for failure to pay advance tax on Cash Compensatory Support (CCS) when CCS became taxable only by a retrospective amendment. Relying on CBDT instructions indicating that interest should not be charged where liability arises due to retrospective amendment, and noting the bona fide inability to anticipate such liability, the Tribunal held that no advance-tax default could be attributed to the assessee for CCS; accordingly, interest under ss. 234B/234C was not chargeable on the CCS component. The matter was remitted to the AO to recompute interest after excluding CCS, and the appeal was allowed. Case-Laws Income Tax Wed, 20 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65023