https://www.taxtmi.com/caselaws?id=440584 The appeal was allowed as the interest under section 234C of the Income Tax Act, 1961 was found to be wrongly levied. The Assessing Officer was directed to delete the interest imposed, as the tax on long-term capital gains was paid by the assessee on the subsequent due date. Other issues raised in the appeal were deemed academic and left unresolved. en-us Wed, 19 Jul 2023 00:00:00 +0530 Fri, 21 Jul 2023 08:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440584 The appeal was allowed as the interest under section 234C of the Income Tax Act, 1961 was found to be wrongly levied. The Assessing Officer was directed to delete the interest imposed, as the tax on long-term capital gains was paid by the assessee on the subsequent due date. Other issues raised in the appeal were deemed academic and left unresolved. Case-Laws Income Tax Wed, 19 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440584