https://www.taxtmi.com/caselaws?id=264236 The Tribunal allowed the appeals of the assessee, holding that interest under Section 234C should be calculated from the date of presentation of the cheque, provided the cheque is not dishonored. The Tribunal confirmed the validity and applicability of CBDT Circular No. 261 dated 08.08.1979, supporting the assessee's position. The appeals for the assessment years 2009-10, 2010-11, and 2011-12 were decided in favor of the assessee based on this reasoning and established legal precedents. en-us Thu, 10 Sep 2015 00:00:00 +0530 Mon, 09 Nov 2015 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264236 The Tribunal allowed the appeals of the assessee, holding that interest under Section 234C should be calculated from the date of presentation of the cheque, provided the cheque is not dishonored. The Tribunal confirmed the validity and applicability of CBDT Circular No. 261 dated 08.08.1979, supporting the assessee's position. The appeals for the assessment years 2009-10, 2010-11, and 2011-12 were decided in favor of the assessee based on this reasoning and established legal precedents. Case-Laws Income Tax Thu, 10 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264236