AP HC holds Interest on Tax also covered u/s 43B

In a recent decision dated 02.07.2014, the Hon’ble Andhra Pradesh High Court has held that Interest on any tax levied under any statute is also covered u/s 43B and has to be paid before the specified date. While disposing off the case, the court distinguished the judgement of Hon’ble SC rendered in the case of Mahalaxmi Sugars Ltd. and relied upon the judgement of Hon’ble Rajasthan HC in case of Shree Pipes Ltd.

To Read complete text of judgement, click here Andhra Sugars

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