MI OVERSEAS LTD.,MUMBAI vs. ADIT, DEHRADUN

In the result ITA number 5584/Del/2013 filed by the assessee for assessment year

Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi

201(1A). It was further pointed out that the law provides for direct payment at the stage of self-assessment tax, where the tax paid falls short of the tax payable. Interest under section 220(2) would also arise on the same amount for the same period so as to require levy of interest under section 234B

MI OVERSEAS LTD.,NEW DELHI vs. ADIT, DEHRADUN