https://www.taxtmi.com/caselaws?id=64465 The Tribunal dismissed the appeals and upheld the CIT(A)'s orders for both assessment years. It held that the appeal against the levy of interest under sections 215 and 220(2) was maintainable as it disputed the interest calculation. The refunded tax amount from provisional assessment should not be included in the tax determined for charging interest under section 215. Additionally, interest under section 220(2) is not applicable if the demand specified in the notice is fully paid within the prescribed period. The Tribunal's decision was supported by relevant case law and circulars. en-us Mon, 19 Nov 1990 00:00:00 +0530 Tue, 08 Feb 2011 10:36:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64465 The Tribunal dismissed the appeals and upheld the CIT(A)'s orders for both assessment years. It held that the appeal against the levy of interest under sections 215 and 220(2) was maintainable as it disputed the interest calculation. The refunded tax amount from provisional assessment should not be included in the tax determined for charging interest under section 215. Additionally, interest under section 220(2) is not applicable if the demand specified in the notice is fully paid within the prescribed period. The Tribunal's decision was supported by relevant case law and circulars. Case-Laws Income Tax Mon, 19 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64465