https://www.taxtmi.com/caselaws?id=777251 ITAT Ahmedabad allowed the appeal, holding that interest under s.234B runs only from 1 April of the AY to the date of payment of self-assessment tax and thereafter only if further tax remains unpaid. Where the return's tax was accepted in processing u/s 143(1) with no variation, CPC erred in charging s.234B interest beyond the self-assessment payment date (03.04.2023). The Tribunal found no legal basis to levy interest up to the date of processing and treated the excess charge as impermissible, aligning with a coordinate ITAT bench decision. en-us Mon, 25 Aug 2025 00:00:00 +0530 Wed, 27 Aug 2025 08:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777251 ITAT Ahmedabad allowed the appeal, holding that interest under s.234B runs only from 1 April of the AY to the date of payment of self-assessment tax and thereafter only if further tax remains unpaid. Where the return's tax was accepted in processing u/s 143(1) with no variation, CPC erred in charging s.234B interest beyond the self-assessment payment date (03.04.2023). The Tribunal found no legal basis to levy interest up to the date of processing and treated the excess charge as impermissible, aligning with a coordinate ITAT bench decision. Case-Laws Income Tax Mon, 25 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777251