https://www.taxtmi.com/caselaws?id=205928 The court concluded that the analogy for interpreting Section 115J could not be applied to Section 115JB due to distinct provisions. It held that companies under Section 115JB must pay advance tax but are not liable for interest retrospectively. The reliance on a previous judgment was deemed inappropriate. The court remanded the matter to re-compute interest payable. The first substantial question favored the revenue, the second favored the assessee, while the third and fourth questions were deemed inapplicable. en-us Wed, 03 Aug 2011 00:00:00 +0530 Fri, 28 Feb 2014 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205928 The court concluded that the analogy for interpreting Section 115J could not be applied to Section 115JB due to distinct provisions. It held that companies under Section 115JB must pay advance tax but are not liable for interest retrospectively. The reliance on a previous judgment was deemed inappropriate. The court remanded the matter to re-compute interest payable. The first substantial question favored the revenue, the second favored the assessee, while the third and fourth questions were deemed inapplicable. Case-Laws Income Tax Wed, 03 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205928