Interest under S. 234B shall be payable on failure to pay advance Alternate Minimum Tax under S.115JC. (AY. 2013-14, 2014-15 )
GIE Jewels v. ITO (2018) 192 TTJ 852 (Jaipur)(Trib.)
S. 234B : Interest – Advance Tax – Book profits- Alternate Minimum Tax -Interest is leviable [S.115JC]