https://www.taxtmi.com/forum/issue?id=1081 Interest under section 234B and section 234C is chargeable where tax liability is determined under section 115JB (MAT); the MAT-computed tax operates as the tax for the year and may attract interest for advance tax default and instalment deferment, although the position is debated in practice and authority. en-us Mon, 06 Apr 2009 10:40:01 +0530 Thu, 23 Jan 2025 15:58:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1081 Interest under section 234B and section 234C is chargeable where tax liability is determined under section 115JB (MAT); the MAT-computed tax operates as the tax for the year and may attract interest for advance tax default and instalment deferment, although the position is debated in practice and authority. Discussion-Forum Income Tax Mon, 06 Apr 2009 10:40:01 +0530 https://www.taxtmi.com/forum/issue?id=1081