https://www.taxtmi.com/caselaws?id=13018 HC held that sections 234A, 234B and 234C create mandatory, compensatory interest obligations tied to delayed or default filing of returns; such interest is to be calculated on returned income and paid with self-assessment tax under section 140A and is not appealable. The court construed these provisions purposively (preferring interpretations that uphold constitutionality) and rejected treating s.234A as a penal provision. Interest is payable where tax was not deposited before the due date for filing, and other statutory remedies (e.g., notices under ss.147/148) remain available. en-us Fri, 21 Dec 2001 00:00:00 +0530 Wed, 01 Oct 2025 21:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13018 HC held that sections 234A, 234B and 234C create mandatory, compensatory interest obligations tied to delayed or default filing of returns; such interest is to be calculated on returned income and paid with self-assessment tax under section 140A and is not appealable. The court construed these provisions purposively (preferring interpretations that uphold constitutionality) and rejected treating s.234A as a penal provision. Interest is payable where tax was not deposited before the due date for filing, and other statutory remedies (e.g., notices under ss.147/148) remain available. Case-Laws Income Tax Fri, 21 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13018