https://www.taxtmi.com/caselaws?id=205087 The Court allowed the appeal by the revenue, ruling in their favor regarding the levy of interest under sections 234B and 234C of the Income-tax Act, 1961 for the assessment year 1999-2000. The Court considered the applicability of interest to the computation of total income under section 115JA of the Act, and based on previous decisions, held in favor of the revenue. The judgment was made subject to a related Special Leave Petition filed in the Supreme Court, with a stay on the recovery of interest until the petition's disposal. Subsequently, the Income-tax Appellate Tribunal's order was set aside. en-us Thu, 10 Jun 2010 00:00:00 +0530 Sat, 23 Jul 2011 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205087 The Court allowed the appeal by the revenue, ruling in their favor regarding the levy of interest under sections 234B and 234C of the Income-tax Act, 1961 for the assessment year 1999-2000. The Court considered the applicability of interest to the computation of total income under section 115JA of the Act, and based on previous decisions, held in favor of the revenue. The judgment was made subject to a related Special Leave Petition filed in the Supreme Court, with a stay on the recovery of interest until the petition's disposal. Subsequently, the Income-tax Appellate Tribunal's order was set aside. Case-Laws Income Tax Thu, 10 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205087