https://www.taxtmi.com/caselaws?id=459296 ITAT Ahmedabad ruled in favor of a non-resident assessee challenging interest charges under sections 234B and 234C for delayed advance tax payment. The tribunal held that where all income is subject to tax deduction at source by Indian payors and no malpractice is alleged, interest provisions cannot be invoked against non-resident assessees. The court noted consistent judicial precedent supporting this interpretation and directed deletion of the impugned interest levies. The assessee's appeal was allowed. en-us Wed, 09 Nov 2016 00:00:00 +0530 Sat, 07 Dec 2024 19:39:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459296 ITAT Ahmedabad ruled in favor of a non-resident assessee challenging interest charges under sections 234B and 234C for delayed advance tax payment. The tribunal held that where all income is subject to tax deduction at source by Indian payors and no malpractice is alleged, interest provisions cannot be invoked against non-resident assessees. The court noted consistent judicial precedent supporting this interpretation and directed deletion of the impugned interest levies. The assessee's appeal was allowed. Case-Laws Income Tax Wed, 09 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459296