DIT vs. NGC Network Asia LLC (Bombay High Court)

COURT:
CORAM:
SECTION(S):
GENRE:
CATCH WORDS:
COUNSEL:
DATE: (Date of pronouncement)
DATE: January 28, 2009 (Date of publication)
AY:
FILE:
CITATION:


Non-residents are not liable to pay interest u/s 234B and 234C for shortfall/deferment in advance-tax

A non-resident whose income is liable to deduction of tax at source under s. 195 is not liable to pay advance tax u/s 209 (1)(d). Consequently, there can be no liability on such assessee u/s 234B for shortfall in advance tax.

See Also: CIT vs. Revathy Equipment (Madras High Court)

Discover more from itatonline.org

Subscribe now to keep reading and get access to the full archive.

Continue reading