COMMISSIONER OF INCOME TAX CHENNAI vs. TULSYAN NEC LTD
C.A. No.-010677-010679 - 2010Supreme Court16 Dec 2010
Section 115J
68,460/-.
The assessee claimed a refund of
`10,60,394/-. The A.O. initially processed the return under
Section 143(1) and accepted it. Subsequently, the A.O.
rectified the alleged mistake and charged interest under
Section 234B of `1,10,67,561/-. The A.O. further charged
interest under Section 234C of `40,18,170/-. This levy
