https://www.taxtmi.com/caselaws?id=65784 The Tribunal allowed the appeal by the Revenue, setting aside the Appellate Authority's decision and restoring the ITO's order under section 154 to charge interest under section 139 (8) for a delay in submitting the return. The Tribunal held that the omission to charge interest was a rectifiable mistake, emphasizing that interest cannot be waived merely due to non-inclusion in the original assessment. The Tribunal clarified the application of the relevant rules and distinguished the case from previous decisions, ultimately ruling that the interest should be charged as per the provisions, leading to the restoration of the ITO's order. en-us Wed, 17 Aug 1983 00:00:00 +0530 Fri, 18 Feb 2011 17:06:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65784 The Tribunal allowed the appeal by the Revenue, setting aside the Appellate Authority's decision and restoring the ITO's order under section 154 to charge interest under section 139 (8) for a delay in submitting the return. The Tribunal held that the omission to charge interest was a rectifiable mistake, emphasizing that interest cannot be waived merely due to non-inclusion in the original assessment. The Tribunal clarified the application of the relevant rules and distinguished the case from previous decisions, ultimately ruling that the interest should be charged as per the provisions, leading to the restoration of the ITO's order. Case-Laws Income Tax Wed, 17 Aug 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65784