Taxpayer Liable for Interest u/s 234B Due to Advance Tax Payment Failure; Revenue Actions Upheld by CIT (A)-NFAC.

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....Interest levied u/s. 234B - Liability of advance Tax - TDS was not deducted by the payer - The assessee was aware about the delay in deposit of tax and filing of return and therefore the onus cannot be shifted to the buyer. The action of the Ld. Revenue Authorities cannot be at fault and therefore the confirm the order of the Ld. CIT (A)-NFAC. - AT....