THE BABA NAG RICE & GENRAL MILLS,AMRITSAR. vs. THE COMMISSIONER OF INCOME TAX, AMRITSAR.
In the result, the assessee’s appeal is dismissed
ITA 375/ASR/2016[1998-99]Status: DisposedITAT Amritsar24 May 2018AY 1998-99
Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi.T.A. No. 375/Asr/2016 Assessment Year: 1998-99
For Appellant: Sh. Sudarshan Kapoor (Adv.)For Respondent: Sh. Charan Dass (D.R.)
Section 143(1)Section 143(1)(a)Section 143(3)Section 147Section 154Section 234BSection 234B(1)Section 234B(3)Section 244A
244A). Assessment u/s. 143(3) read with section 147 was made on
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Baba Naga Rice v. Asst. CIT
20.03.2006 at an income of Rs.61,29,267/-, entailing an additional tax liability of Rs.20,69,965/-. It is the interest u/s. 234B on this additional tax, computed at Rs.22,45,912/-, that the assessee claims to be a mistake, liable
