https://www.taxtmi.com/caselaws?id=269324 The court dismissed the tax appeal filed by the Revenue, upholding the Tribunal's decision. It affirmed that the interest liability under Section 234B of the Income Tax Act ceases at the date of determination of total income under Section 143(1) assessment or the date of regular assessment, and adjustments in the principal amount do not alter the termination date for charging interest. en-us Tue, 01 Dec 2015 00:00:00 +0530 Sat, 12 Dec 2015 13:09:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269324 The court dismissed the tax appeal filed by the Revenue, upholding the Tribunal's decision. It affirmed that the interest liability under Section 234B of the Income Tax Act ceases at the date of determination of total income under Section 143(1) assessment or the date of regular assessment, and adjustments in the principal amount do not alter the termination date for charging interest. Case-Laws Income Tax Tue, 01 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269324