GOPAL EXTRUSIONS PVT LTD,,JALGAON vs. INCOME-TAX OFFICER, WARD - 1(2),, JALGAON
ITA 1633/PUN/2017[2008-09]Status: DisposedITAT Pune29 Apr 2025AY 2008-09
Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita. No.1633/Pun/2017 Assessment Year : 2008-09
For Appellant: Smt. Deepa KhareFor Respondent: Shri Ramnath Murkunde
Section 143(3)
234C in clear terms impose a mandate to collect interest at the rates stipulated therein. The expression
'shall' used in the said sections cannot by any stretch of imagination be construed as "may". This is clear from the fact that prior to the amendment brought about by the Finance Act,
1987, the legislature in the corresponding section pertaining to imposition
