https://www.taxtmi.com/caselaws?id=120607 The appeals challenging the interest levied under section 234B of the Income-tax Act for the assessment year 2006-07 were dismissed by the Tribunal. The CIT (Appeals) had deleted the interest, ruling that as the entire income of the appellants was liable for Tax Deducted at Source (TDS), interest under section 234B was not applicable. The Tribunal upheld this decision, emphasizing that the Assessing Officer did not provide sufficient details for charging interest under section 234B and that the income was fully liable for TDS. Additionally, the mention of interest charged under section 234C was deemed inadvertent and disregarded by both parties during the hearing. en-us Thu, 21 Feb 2008 00:00:00 +0530 Sat, 21 Jul 2012 17:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120607 The appeals challenging the interest levied under section 234B of the Income-tax Act for the assessment year 2006-07 were dismissed by the Tribunal. The CIT (Appeals) had deleted the interest, ruling that as the entire income of the appellants was liable for Tax Deducted at Source (TDS), interest under section 234B was not applicable. The Tribunal upheld this decision, emphasizing that the Assessing Officer did not provide sufficient details for charging interest under section 234B and that the income was fully liable for TDS. Additionally, the mention of interest charged under section 234C was deemed inadvertent and disregarded by both parties during the hearing. Case-Laws Income Tax Thu, 21 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120607