Dismissal of Writ Petition challenging interest demand under Income Tax Act The High Court of Madras dismissed a Writ Petition challenging an interest demand under Section 220(2) of the Income Tax Act for the assessment year ...
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Dismissal of Writ Petition challenging interest demand under Income Tax Act
The High Court of Madras dismissed a Writ Petition challenging an interest demand under Section 220(2) of the Income Tax Act for the assessment year 2007-08. The court held that the interest demand, finalized after the petitioner's waiver application was rejected and appeal dismissed, could not be challenged. The Writ Petition was dismissed at the admission stage.
The High Court of Madras dismissed a Writ Petition regarding a demand for interest under Section 220(2) of the Income Tax Act, 1961 for assessment year 2007-08. The interest demand was finalized after the petitioner's application for waiver was dismissed by the Principal Commissioner of Customs and the appeal to the Income Tax Appellate Tribunal was also dismissed. The court ruled that no challenge can be made to the interest demand, and the Writ Petition was dismissed at the admission stage.
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