https://www.taxtmi.com/caselaws?id=212537 The Tribunal upheld the decision of the CIT(A) that the amounts seized from the partners could not be considered as advance tax for the firm. The appeal by the assessee was dismissed, and the interest charged under sections 234B and 234C was deemed appropriate as the seized amounts were not adjusted as advance tax. en-us Fri, 18 Nov 2011 00:00:00 +0530 Tue, 20 Nov 2012 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212537 The Tribunal upheld the decision of the CIT(A) that the amounts seized from the partners could not be considered as advance tax for the firm. The appeal by the assessee was dismissed, and the interest charged under sections 234B and 234C was deemed appropriate as the seized amounts were not adjusted as advance tax. Case-Laws Income Tax Fri, 18 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212537