https://www.taxtmi.com/caselaws?id=123010 The Tribunal held that no interest should be charged under sections 234B and 234C as the assessee had correctly claimed deduction under section 80HHC at the time of filing returns. Since no taxable income was estimated, the Tribunal ruled that no advance tax liability arose, leading to the deletion of interest charged under these sections. As a result, the appeal was partly allowed, and the interest charged under sections 234B and 234C was eliminated. en-us Wed, 18 Aug 2010 00:00:00 +0530 Tue, 11 Jun 2013 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123010 The Tribunal held that no interest should be charged under sections 234B and 234C as the assessee had correctly claimed deduction under section 80HHC at the time of filing returns. Since no taxable income was estimated, the Tribunal ruled that no advance tax liability arose, leading to the deletion of interest charged under these sections. As a result, the appeal was partly allowed, and the interest charged under sections 234B and 234C was eliminated. Case-Laws Income Tax Wed, 18 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123010