High Court held that interest was not payable by assessee under S. 234B on failure to deposit advance tax in respect of tax payable under S. 115JB. Supreme Court held that question, i.e. interest payable under S 234B was concerned, matter required an in-depth hearing. Accordingly the appeal to be listed as per its turn.(AY. 2008 09)
(Note: Order of Tribunal in Glenmark Pharmaceuticals Ltd. v. Add. CIT (2014) 43 taxmann.com 191/ 62 SOT 79 (URO) (Mum.)(Trib.) is affirmed.