https://www.taxtmi.com/caselaws?id=234856 The Tribunal allowed the Assessee's appeal, directing the AO to treat the seized Rs 10 lacs as advance tax and not to levy interest under sections 234B and 234C. The amendment to section 132B by Finance Bill 2013 was deemed inapplicable to the present case. en-us Fri, 21 Jun 2013 00:00:00 +0530 Tue, 06 Feb 2018 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234856 The Tribunal allowed the Assessee's appeal, directing the AO to treat the seized Rs 10 lacs as advance tax and not to levy interest under sections 234B and 234C. The amendment to section 132B by Finance Bill 2013 was deemed inapplicable to the present case. Case-Laws Income Tax Fri, 21 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234856