M/S.US TECHNOLOGY RESOURCES P. LTD,TRIVANDRUM vs. THE ACIT, TRIVANDRUM
In the result, the appeal for assessment year 2011-2012
ITA 134/COCH/2016[2011-12]Status: DisposedITAT Cochin11 May 2018AY 2011-12
Bench: Shri Chandra Poojari, Am & Shri George George K, Jm
For Appellant: Sri.Raghunathan S., AdvocateFor Respondent: Sri. Santham Bose, CIT-DR
Section 144C(5)Section 190Section 194JSection 234BSection 40Section 92C(3)
56,5l0. Ground No.9 - Consequential levy of interest under section 2340 and 244A of the Act.
9.1 On the facts and circumstances of the case, the learned DCIT has erred in levying interest under section 234D of the Act at Rs 57,06,057 and recovering interest of Rs.40,75,752 under section 244A of the Act.
Ground No.10 - Relief