https://www.taxtmi.com/caselaws?id=33616 The Court dismissed the revenue's appeal, affirming the Tribunal's decision that the tax credit under Section 115JAA should be set off against the tax payable before calculating interest under Sections 234B and 234C. The Court referred to a prior decision supporting this approach, emphasizing the consistent application of tax laws and judicial precedents in determining tax liabilities and credits for assesses under the Income Tax Act. en-us Thu, 30 Apr 2009 00:00:00 +0530 Sat, 30 May 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33616 The Court dismissed the revenue's appeal, affirming the Tribunal's decision that the tax credit under Section 115JAA should be set off against the tax payable before calculating interest under Sections 234B and 234C. The Court referred to a prior decision supporting this approach, emphasizing the consistent application of tax laws and judicial precedents in determining tax liabilities and credits for assesses under the Income Tax Act. Case-Laws Income Tax Thu, 30 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33616