https://www.taxtmi.com/caselaws?id=59410 The tribunal held that interest under section 234A cannot be levied if self-assessment tax is paid before the due date of filing the income tax return. Citing judgments from the Delhi High Court and the Bombay High Court, it concluded that the Assessing Officer cannot charge interest under section 234A if the tax has been paid, even if the return filing is delayed. The tribunal emphasized the importance of following higher court rulings and rejected the contention that charging such interest was mandatory. It deemed the levy unsustainable in law, deleted the interest, and allowed the appeal. en-us Fri, 26 Mar 2004 00:00:00 +0530 Wed, 29 Dec 2010 15:25:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59410 The tribunal held that interest under section 234A cannot be levied if self-assessment tax is paid before the due date of filing the income tax return. Citing judgments from the Delhi High Court and the Bombay High Court, it concluded that the Assessing Officer cannot charge interest under section 234A if the tax has been paid, even if the return filing is delayed. The tribunal emphasized the importance of following higher court rulings and rejected the contention that charging such interest was mandatory. It deemed the levy unsustainable in law, deleted the interest, and allowed the appeal. Case-Laws Income Tax Fri, 26 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59410