Levy of sec. 234B interest affirmed on basis of tax computation form, ITNS 150 as it formed part of

IT : Interest under Section 234B forms part of income-tax computation form ('I.T.N.S. 150') as it contained a calculation of interest under Section 234B payable on the tax assessed. Accordingly, this form must be treated as part of the assessment order. Therefore, levy of interest under Section 234B was not invalid even assessment order did not contain any direction for payment of interest under Section 234B