https://www.taxtmi.com/caselaws?id=340528 The Tribunal allowed the appeal, ruling that the assessee was not liable to pay advance tax for the income declared post-survey, leading to the deletion of interest under sections 234B and 234C of the Income Tax Act. The decision emphasized the absence of advance tax liability for the relevant financial year, resulting in the setting aside of the interest levied by the Assessing Officer. en-us Wed, 15 Feb 2017 00:00:00 +0530 Thu, 23 Mar 2017 09:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340528 The Tribunal allowed the appeal, ruling that the assessee was not liable to pay advance tax for the income declared post-survey, leading to the deletion of interest under sections 234B and 234C of the Income Tax Act. The decision emphasized the absence of advance tax liability for the relevant financial year, resulting in the setting aside of the interest levied by the Assessing Officer. Case-Laws Income Tax Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340528