https://www.taxtmi.com/acts?id=41246 Amendment provides that interest payable under section 234B shall be computed on the assessed tax as reduced by the amount of advance tax credit claimed in an earlier return, if any, thereby removing the provision that interest be computed on the shortfall amount and expressly limiting reduction to credited advance tax. en-us Wed, 01 Feb 2023 16:06:50 +0530 Wed, 01 Feb 2023 16:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41246 Amendment provides that interest payable under section 234B shall be computed on the assessed tax as reduced by the amount of advance tax credit claimed in an earlier return, if any, thereby removing the provision that interest be computed on the shortfall amount and expressly limiting reduction to credited advance tax. Act-Rules Bill Wed, 01 Feb 2023 16:06:50 +0530 https://www.taxtmi.com/acts?id=41246