https://www.taxtmi.com/caselaws?id=388112 The appeal was partly allowed with the Tribunal setting aside the CIT(A)'s order on charging interest under Sections 234B and 234C. The Tribunal directed a recomputation of interest in accordance with precedent, ruling that interest under Section 234C could not be levied and interest under Section 234B should be calculated only until the date of the appellant's request for adjustment of seized cash. Other grounds raised by the appellant were rejected for not being pressed. en-us Tue, 05 Nov 2019 00:00:00 +0530 Thu, 07 Nov 2019 09:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388112 The appeal was partly allowed with the Tribunal setting aside the CIT(A)'s order on charging interest under Sections 234B and 234C. The Tribunal directed a recomputation of interest in accordance with precedent, ruling that interest under Section 234C could not be levied and interest under Section 234B should be calculated only until the date of the appellant's request for adjustment of seized cash. Other grounds raised by the appellant were rejected for not being pressed. Case-Laws Income Tax Tue, 05 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388112