https://www.taxtmi.com/caselaws?id=389332 The court examined the interpretation of section 234A of the Income Tax Act, 1961, concerning interest liability for late filing of returns. The appellant argued that interest is payable from the due date until the filing date, even if a return could not be filed under section 139. The court admitted the appeal for further consideration to assess whether the assessee was liable for interest under section 234A for the period when a valid return could not be filed. The decision underscores the importance of resolving the legal question raised and reflects a thorough analysis of the legal provisions and factual circumstances. en-us Mon, 18 Nov 2019 00:00:00 +0530 Thu, 05 Dec 2019 13:23:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389332 The court examined the interpretation of section 234A of the Income Tax Act, 1961, concerning interest liability for late filing of returns. The appellant argued that interest is payable from the due date until the filing date, even if a return could not be filed under section 139. The court admitted the appeal for further consideration to assess whether the assessee was liable for interest under section 234A for the period when a valid return could not be filed. The decision underscores the importance of resolving the legal question raised and reflects a thorough analysis of the legal provisions and factual circumstances. Case-Laws Income Tax Mon, 18 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389332