https://www.taxtmi.com/caselaws?id=57068 The appeal was found maintainable as the interest charge under section 234B was deemed validly imposed based on the assessment order mentioning the specific provision. The tribunal held that interest should be computed on the income determined on regular assessment under section 143(3), rejecting the argument for computation based on section 143(1). The interest charge was upheld up to the date of regular assessment under section 143(3), resulting in the dismissal of the appeal. en-us Tue, 22 Feb 2005 00:00:00 +0530 Wed, 08 Dec 2010 12:30:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57068 The appeal was found maintainable as the interest charge under section 234B was deemed validly imposed based on the assessment order mentioning the specific provision. The tribunal held that interest should be computed on the income determined on regular assessment under section 143(3), rejecting the argument for computation based on section 143(1). The interest charge was upheld up to the date of regular assessment under section 143(3), resulting in the dismissal of the appeal. Case-Laws Income Tax Tue, 22 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57068