M/S. VIJAYA PRODUCTIONS (P) LTD. vs INCOME TAX SETTLEMENT COMMISSION . — C.A. No. 8275 - 8278/2004

Case Summary: Vijaya Productions (P) Ltd. v. Income Tax Settlement Commission On October 10, 2011, the Supreme Court disposed of four civil appeals filed by Vijaya Productions regarding interest computation under the Income Tax Act, 1961. The Court held that the case was covered by its earlier judgment in *Brij Lal v. Commissioner of Income Tax, Jalandhar* and directed the Assessing Officer to recalculate interest under Section 245D(1) instead of Section 234B, charging interest only up to the date of the settlement order. No costs were awarded. This case analysis is maintained by casestatus.in based on publicly available court records.