Since Appellant acted in a bona fide manner and made necessary adjustments by the end of the financial year, there is no liability of interest under section 201(1A): ITAT Mumbai   Mumbai Tribunal in the case of GE Shipping ITA 2771/Mum/2024 has held that since Appellant acted in a bona fide manner and made necessary…

The post Since Appellant acted in a bona fide manner and made necessary adjustments by the end of the financial year, there is no liability of interest under section 201(1A): ITAT Mumbai appeared first on The Tax Talk.

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