https://www.taxtmi.com/caselaws?id=330347 The Tribunal dismissed the appeals, affirming that interest under section 234B is chargeable from the 1st day of April following the financial year, as per section 234B(1), and not from the date of processing the return under section 143(1). The Tribunal upheld the orders of the AO and CIT(A), finding no infirmity in their application of the relevant provisions of the Income Tax Act. en-us Thu, 28 Apr 2016 00:00:00 +0530 Sat, 23 Jul 2016 18:58:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330347 The Tribunal dismissed the appeals, affirming that interest under section 234B is chargeable from the 1st day of April following the financial year, as per section 234B(1), and not from the date of processing the return under section 143(1). The Tribunal upheld the orders of the AO and CIT(A), finding no infirmity in their application of the relevant provisions of the Income Tax Act. Case-Laws Income Tax Thu, 28 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330347