https://www.taxtmi.com/caselaws?id=207525 The court held that interest under sections 234B and 234C is chargeable when income is computed under section 115JB, as it contains a saving clause making all provisions of the Act applicable. The Tribunal's reliance on a previous case under section 115J without a saving clause was deemed misplaced. The Assessing Officer was correct in rectifying the omission of charging interest, and the Revenue's appeal was allowed. The Tribunal's decision was set aside, and the matter was remitted for recomputation of interest under section 115JB within three months. en-us Wed, 30 Jun 2010 00:00:00 +0530 Sat, 15 Dec 2012 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207525 The court held that interest under sections 234B and 234C is chargeable when income is computed under section 115JB, as it contains a saving clause making all provisions of the Act applicable. The Tribunal's reliance on a previous case under section 115J without a saving clause was deemed misplaced. The Assessing Officer was correct in rectifying the omission of charging interest, and the Revenue's appeal was allowed. The Tribunal's decision was set aside, and the matter was remitted for recomputation of interest under section 115JB within three months. Case-Laws Income Tax Wed, 30 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207525