https://www.taxtmi.com/highlights?id=68245 Computation of interest u/s 234B - assessed tax versus tax on returned income - interest for default in payment of advance tax u/s 234B of the Act in the case of regular assessment needs to be computed on the assessed tax as provided in Explanation 1 to Section 234B(1) - AT en-us Mon, 13 Feb 2023 10:36:10 +0530 Mon, 13 Feb 2023 10:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68245 Computation of interest u/s 234B - assessed tax versus tax on returned income - interest for default in payment of advance tax u/s 234B of the Act in the case of regular assessment needs to be computed on the assessed tax as provided in Explanation 1 to Section 234B(1) - AT Highlights Income Tax Mon, 13 Feb 2023 10:36:10 +0530 https://www.taxtmi.com/highlights?id=68245