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<h1>High Court upholds Tribunal decision on interest levy under Income-tax Act</h1> The High Court of Rajasthan ruled in favor of the assessee, upholding the Tribunal's decision to allow an appeal against the levy of interest under ... Appeal To AAC, Return The High Court of Rajasthan ruled in favor of the assessee, stating that the Tribunal was justified in directing the Appellate Assistant Commissioner to entertain an appeal against the levy of interest under section 139(8) of the Income-tax Act, 1961. The reference under section 256(1) was answered against the Revenue.
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