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No waiver of Sec. 234B/234C interest if advance tax wasn’t paid on undisclosed income admitted during survey: HC

May 19, 2020[2020] 116 607 (Karnataka)

INCOME TAX : Where pursuant to survey conducted upon assessee, it admitted an undisclosed income, however, no advance tax was paid on said admitted income, assessee could not claim waiver of interest under sections 234B and 234C
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