Interest on Advance Tax for Partnership Income Exempt u/s 10(2A); Interest Liability Deleted per Section 207(2).

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....Levy of interest u/s 234B and 234C - Liability of advance tax - income from partnership firm in the hands of partner - As per the provisions of Sec. 10(2A) of the Act, the share of profit of the partnership firm is exempted in the hands of the partner. - both the provisions u/Sec 207 & Sec 208 are not inclusive and are independently applicable. The assessee case falls within the purview of provisions of section 207(2) of the Act which cannot be disputed. - Interest liability to be deleted - AT....