https://www.taxtmi.com/caselaws?id=349234 The High Court recalled the previous order due to typographical errors and admitted the appeal to determine whether interest under sections 234B and 234C is chargeable when total income is assessed under section 115J of the Income Tax Act. After considering conflicting judgments, the Court ruled in favor of the assessee, emphasizing that interest cannot be charged under sections 234B and 234C in cases governed by sections 115JA, 115JB, and 115J. The Court clarified the application of these provisions and dismissed the appeal, overturning the previous decision in favor of the Revenue. en-us Wed, 04 Oct 2017 00:00:00 +0530 Mon, 09 Oct 2017 11:27:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349234 The High Court recalled the previous order due to typographical errors and admitted the appeal to determine whether interest under sections 234B and 234C is chargeable when total income is assessed under section 115J of the Income Tax Act. After considering conflicting judgments, the Court ruled in favor of the assessee, emphasizing that interest cannot be charged under sections 234B and 234C in cases governed by sections 115JA, 115JB, and 115J. The Court clarified the application of these provisions and dismissed the appeal, overturning the previous decision in favor of the Revenue. Case-Laws Income Tax Wed, 04 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349234