https://www.taxtmi.com/caselaws?id=238570 The court allowed the petition, setting aside the interest charged on the entire assessed amount under section 234A of the Income-tax Act, 1961. The Revenue was authorized to collect interest only on the unpaid balance of Rs. 4,82,941 from September 1, 1996, to March 27, 1998. The issue concerning liability under section 234C was not pursued by the petitioner and was not further discussed by the court. en-us Mon, 18 Jun 2012 00:00:00 +0530 Sat, 26 Oct 2013 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238570 The court allowed the petition, setting aside the interest charged on the entire assessed amount under section 234A of the Income-tax Act, 1961. The Revenue was authorized to collect interest only on the unpaid balance of Rs. 4,82,941 from September 1, 1996, to March 27, 1998. The issue concerning liability under section 234C was not pursued by the petitioner and was not further discussed by the court. Case-Laws Income Tax Mon, 18 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238570