Bench: Dr. Arjun Lal Saini, Am. & Dinesh Mohan Sinha, Jm आयकरअपीलसं/.Ita No.731/Rjt/2024 िनधा"रणवष"/ Assessment Year: (2023-24) (Hybrid Hearing)
29C) of the Income Tax Act, income from activities conducted without profit motive and involving no third-party transactions should not be subject to MMR, as outlined in the Supreme Court's judgment in Chelmsford Club. Ground 2: Application of Interest under Sections 234A, 234B, and 234C The interest levied under sections 234A, 234B, and 234C is also disputed. Given