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Anirudh Varma (CA Inter)     06 January 2015

234e of income tax act

Could anyone help me with the current status of the stay given for the penalty u/s 234E of Income Tax Act in Kerala High Court (Narath Mapila's case).

 

I have received a demand notice (intimation u/s 154 of income tax act,1961)regarding payment of interest u/s 220(2) for the financial year 2012-13.


Is this challengeable or should I pay the interest as demanded in the intimation sent to me.



Learning

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