{"id":31045,"date":"2022-12-07T11:10:44","date_gmt":"2022-12-07T05:40:44","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ccit-v-van-oord-acz-marine-contractors-bv-2022-447-itr-250-mad-hc-cit-v-john-baptist-lasrado-2022-447-itr-250-mad-hc\/"},"modified":"2023-02-27T19:45:24","modified_gmt":"2023-02-27T14:15:24","slug":"ccit-v-van-oord-acz-marine-contractors-bv-2022-447-itr-250-mad-hc-cit-v-john-baptist-lasrado-2022-447-itr-250-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ccit-v-van-oord-acz-marine-contractors-bv-2022-447-itr-250-mad-hc-cit-v-john-baptist-lasrado-2022-447-itr-250-mad-hc\/","title":{"rendered":"CCIT v. Van Oord Acz Marine Contractors BV. (2022) 447 ITR 250 \/ 220 DTR 153 \/ 329 CTR 291\/141 taxmann.com 30  (Mad.)(HC) CIT v. John Baptist Lasrado (2022) 447 ITR 250 \/ 220 DTR 153\/ 328 CTR 691 (Mad.)(HC)"},"content":{"rendered":"<p>Dismissing the writ petitions of the Revenue the Court held that, interest under section 234B cannot be levied by passing rectification order. Assessments prior to Financial year 2012-13, subsequent notification of Board will not affect consideration of applications pending on merits.\u00a0 Law prevailing on date of application applies. (AY.1996-97 to 2005-06)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 245D : Settlement Commission-Powers-Rectification of order-Interest under section 234B cannot be levied by passing rectification order-Advance tax-Waiver of  interest-Entitled to reduce tax deductible or collectible at  source while computing its  advance tax-Interest on account of  shortfall in payment of advance tax not leviable on such income-Assessments prior to Financial year 2012-13-Subsequent notification of  Board will not affect consideration of  applications pending on merits-Law prevailing on date of  application applies.[S. 234A, 234B,234C,  245C, 245D(4),245F(1), General Clauses Act. 1897, S. 6, Art.226] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-31045","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-84J","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=31045"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31045\/revisions"}],"predecessor-version":[{"id":33041,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31045\/revisions\/33041"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=31045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=31045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=31045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}