https://www.taxtmi.com/caselaws?id=6106 SC held that interest under sections 234A/234B/234C must be computed on the tax determined by the Settlement Commission and cannot be waived by it; interest accrues from the due date for advance tax or assessed tax until the date of the Settlement Commission's order. If interest was already charged in prior regular assessment proceedings, no further interest on that interest may be levied and appropriate adjustments will be made against tax and interest found due by the Commission. Appeals were disposed accordingly. en-us Tue, 17 Dec 2002 00:00:00 +0530 Thu, 06 Nov 2025 15:56:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6106 SC held that interest under sections 234A/234B/234C must be computed on the tax determined by the Settlement Commission and cannot be waived by it; interest accrues from the due date for advance tax or assessed tax until the date of the Settlement Commission's order. If interest was already charged in prior regular assessment proceedings, no further interest on that interest may be levied and appropriate adjustments will be made against tax and interest found due by the Commission. Appeals were disposed accordingly. Case-Laws Income Tax Tue, 17 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6106