https://www.taxtmi.com/caselaws?id=342571 The High Court ruled in favor of the assessee, holding that income computed under Section 115J before the enforcement of Sections 115JA and 115JB would not attract interest under Sections 234B and 234C of the Income Tax Act. The appeal was allowed in favor of the appellant, emphasizing the distinction between the provisions of Section 115J and Sections 115JA/115JB in relation to the levy of interest under the Act. en-us Mon, 01 May 2017 00:00:00 +0530 Tue, 01 Aug 2017 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342571 The High Court ruled in favor of the assessee, holding that income computed under Section 115J before the enforcement of Sections 115JA and 115JB would not attract interest under Sections 234B and 234C of the Income Tax Act. The appeal was allowed in favor of the appellant, emphasizing the distinction between the provisions of Section 115J and Sections 115JA/115JB in relation to the levy of interest under the Act. Case-Laws Income Tax Mon, 01 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342571