https://www.taxtmi.com/caselaws?id=76529 The court upheld the validity of the assessment orders dated March 31, 1993, and April 11, 2001, as they included Form ITNS-150, which specified interest under sections 234A, 234B, and 234C, thus meeting statutory requirements. The substitution of "may" with "shall" in these sections rendered interest payment mandatory. The petitioner's arguments were dismissed, and the writ petition was rejected without costs. en-us Tue, 13 May 2008 00:00:00 +0530 Fri, 20 Dec 2024 20:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76529 The court upheld the validity of the assessment orders dated March 31, 1993, and April 11, 2001, as they included Form ITNS-150, which specified interest under sections 234A, 234B, and 234C, thus meeting statutory requirements. The substitution of "may" with "shall" in these sections rendered interest payment mandatory. The petitioner's arguments were dismissed, and the writ petition was rejected without costs. Case-Laws Income Tax Tue, 13 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76529