https://www.taxtmi.com/caselaws?id=267612 The Tribunal allowed the appeal by deleting the interest levied under section 234B, remitting the taxability of interest on enhanced compensation back to the Assessing Officer for fresh adjudication, and considering the initiation of penalty proceedings under section 271(1)(c) premature. en-us Wed, 30 Sep 2015 00:00:00 +0530 Sat, 07 Nov 2015 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267612 The Tribunal allowed the appeal by deleting the interest levied under section 234B, remitting the taxability of interest on enhanced compensation back to the Assessing Officer for fresh adjudication, and considering the initiation of penalty proceedings under section 271(1)(c) premature. Case-Laws Income Tax Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267612