March 2010

Sec. 115JA, Sec. 234B, Sec. 234C

Calcutta H.C : Whether on a true and proper interpretation of the relevant provisions of the IT Act, 1961, the provisions relating to payment of advance tax are applicable in case where the total income is deemed to be 30 per cent of the book profit under s. 115JA and the Tribunal was justified in law in upholding the charging of interest under ss. 234B and 234C in the appellant’s case for the asst. yrs. 1999-2000 and 2000-01

High Court Of Calcutta Binani Industries Ltd. vs. CIT Section 115JA, 234B, 234C Asst. Year 1999-2000, 2000-01 Kalyan Jyoti Sengupta

Sec. 115JA, Sec. 234B, Sec. 234C

Calcutta H.C : Whether on a true and proper interpretation of the relevant provisions of the IT Act, 1961, the provisions relating to payment of advance tax are applicable in case where the total income is deemed to be 30 per cent of the book profit under s. 115JA and the Tribunal was justified in law in upholding the charging of interest under ss. 234B and 234C in the appellant’s case for the asst. yrs. 1999-2000 and 2000-01 ?

High Court Of Calcutta Binani Industries Ltd. vs. CIT Section 115JA, 234B, 234C Asst. Year 1999-2000, 2000-01 Kalyan Jyoti Sengupta

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