Income Tax cannot be levied on Income already paid: ITAT dismisses Interest u/S 234 A of Income Tax Act [Read Order]

ITAT has dismissed the imposition of interest under section 234A of the Income Tax Act 1961, stating that income tax cannot be levied on income that has already been paid
Income Tax Appellate Tribunal - income tax - ITAT dismisses interest - TAXSCAN

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the imposition of interest under section 234A of the Income Tax Act 1961, stating that income tax cannot be levied on income that has already been paid. The assessee had challenged the imposition of interest under section 234A of the Income Tax Act, 1961,…

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