Dismissing the appeal of the assessee the Tribunal held that ; interest shall be payable for failure to pay alternative Minimum tax .( AY. 2014-15)
GIE Jewels. v. ITO (2018) 168 ITD 260 /192 TTJ 852 /166 DTR 118 (Jaipur) (Trib.)
S. 234B : Interest – Advance tax -Book profit – Interest shall be payable for failure to pay alternative Minimum tax [ S.115JC ]