234 A & 271 B

This query is : Resolved 

18 March 2009 Panelty u/s 271 B had been dropped by A.O. due to not reasonable reasons. Whether interest u/s 234 A is levialble or not

18 March 2009 yes it will be leviable

18 March 2009 Yes. Interest is payable even if Penalty is waived off.




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