[aaykarbhavan] Even MAT companies are liable to pay interest under section 234C for deferment of advance tax

Even MAT companies are liable to pay interest under section 234C for deferment of advance tax

September 3, 2014[2014] 48 taxmann.com 50 (Kerala)/[2014] 361 ITR 184 (Kerala)

IT : Deductions under section 80HHD would be computed by taking assessee's all hotel units together

IT : Interest under section 234C can be charged on tax calculated on book profit under section 115JA(1)

IT : Interest from bank and other dividends is to be assessed only as income from other sources and not as business income of assessee

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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