https://www.taxtmi.com/caselaws?id=433456 The Tribunal partly allowed the appeal of the assessee concerning the excess interest charged under Section 234C of the Act. The Tribunal found that the CIT (A) failed to consider the uncertainty regarding performance fees based on stock market conditions, leading to an unjustified decision. The issue related to excess interest under Section 234B was dismissed as it became irrelevant after the decision on Section 234C. en-us Tue, 13 Dec 2022 00:00:00 +0530 Tue, 31 Jan 2023 08:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433456 The Tribunal partly allowed the appeal of the assessee concerning the excess interest charged under Section 234C of the Act. The Tribunal found that the CIT (A) failed to consider the uncertainty regarding performance fees based on stock market conditions, leading to an unjustified decision. The issue related to excess interest under Section 234B was dismissed as it became irrelevant after the decision on Section 234C. Case-Laws Income Tax Tue, 13 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433456