https://www.taxtmi.com/caselaws?id=59436 The Tribunal held that interest under section 234A is mandatory and chargeable for late filing of the return, regardless of tax deductibility at source. The Assessing Officer was directed to recalculate the interest under section 234A. Additionally, the Tribunal ruled that interest under section 234B is not applicable when the income is subject to tax deduction at source, instructing the Assessing Officer to delete the interest under section 234B. The appeals were partially allowed with these directions. en-us Thu, 09 Nov 2006 00:00:00 +0530 Fri, 13 Jul 2012 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59436 The Tribunal held that interest under section 234A is mandatory and chargeable for late filing of the return, regardless of tax deductibility at source. The Assessing Officer was directed to recalculate the interest under section 234A. Additionally, the Tribunal ruled that interest under section 234B is not applicable when the income is subject to tax deduction at source, instructing the Assessing Officer to delete the interest under section 234B. The appeals were partially allowed with these directions. Case-Laws Income Tax Thu, 09 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59436