Interest u/s 234 cannot be levied if due date of filing return has been extended

The Kolkata ITAT has held in the case of┬áM/s Nidhi Packers Pvt. Ltd v. ITO that revenue cannot charge interest under section 234 of the Income Tax Act from an assessee if they have filed their return within the extended due date of filing returns. Also Read: Assessee not to be penalized if TDS challan … Continue reading Interest u/s 234 cannot be levied if due date of filing return has been extended