{"id":5452,"date":"2019-05-17T10:00:01","date_gmt":"2019-05-17T10:00:01","guid":{"rendered":"http:\/\/itatonline.org\/digest\/orchid-infrastructure-developers-p-ltd-v-uoi-2019-261-taxman-389-delhihc\/"},"modified":"2019-09-22T07:12:45","modified_gmt":"2019-09-22T07:12:45","slug":"orchid-infrastructure-developers-p-ltd-v-uoi-2019-261-taxman-389-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/orchid-infrastructure-developers-p-ltd-v-uoi-2019-261-taxman-389-delhihc\/","title":{"rendered":"Orchid Infrastructure Developers (P.) Ltd. v. UOI (2019) 261 Taxman 389\/ 178 DTR 145 \/ 308 CTR 817 (Delhi)(HC)\/Ajay Kumar Gupta  v. UOI (2019) 308 CTR 817\/ 178 DTR 145\/ 261 Taxman 389  (Delhi)(HC)"},"content":{"rendered":"<p>The Settlement Commission under section 245D(4) settled the case and had directed for levy of interest on the enhanced amount under sub-section (2A) to section 234B. The assessee filed the petition and contended that that sub-section (2A) to section 234B introduced by the Finance Act, 2015 is not retrospective and would not be applicable as the petitioner had filed the application for settlement before sub-section (2A) to section 234B was enacted and Sub-section (2A) to section 234 B was inserted by the Finance Act, 2015 with effect from 1-6-2015. Dismissing the petition the Court held that , Sub-section (2A) to section 234B introduced by the Finance Act, 2015 is not retrospective and would be applicable to all proceedings in which orders are pending and\/or in which orders under section 245D(4) are passed on or after 1-6-2015. (WP No. 10313 of 2016, Dt. 17.01.2019)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 234B : Interest-Advance tax-Sub-section (2A) to section 234B introduced by the Finance Act, 2015 is not retrospective and would be applicable to all proceedings in which orders are pending and\/or in which orders under section 245D(4) are passed on or after 1-6-2015. [S. 234B(2A), 245D(4)]<\/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":[1],"tags":[],"class_list":["post-5452","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1pW","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5452","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=5452"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5452\/revisions"}],"predecessor-version":[{"id":7290,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5452\/revisions\/7290"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}