https://www.taxtmi.com/caselaws?id=119361 The tribunal upheld the rectification of tax calculation under section 154 of the Act, finding that the Assessing Officer correctly applied the law in charging tax on income computed under section 115JA at the normal rate of 35%. The tribunal also affirmed the charging of interest under sections 234B and 234C on the income determined under section 115JA. The appeal was dismissed, with the tribunal supporting the orders of the Assessing Officer and CIT(A) based on the application of the correct provisions of law. en-us Fri, 29 Jun 2007 00:00:00 +0530 Tue, 10 Jul 2012 16:38:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119361 The tribunal upheld the rectification of tax calculation under section 154 of the Act, finding that the Assessing Officer correctly applied the law in charging tax on income computed under section 115JA at the normal rate of 35%. The tribunal also affirmed the charging of interest under sections 234B and 234C on the income determined under section 115JA. The appeal was dismissed, with the tribunal supporting the orders of the Assessing Officer and CIT(A) based on the application of the correct provisions of law. Case-Laws Income Tax Fri, 29 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119361