https://www.taxtmi.com/caselaws?id=66257 ITAT Hyderabad-A held that the assessee's appeal was maintainable because the challenge before the first appellate authority covered both the additions and the section 215 interest levy. The Tribunal accepted the theory of intangible additions, finding that earlier year additions and available balances were sufficient to absorb the disputed amount, so the further addition sustained by the appellate authority was deleted. As the interest under section 215 was founded solely on that addition, it could not survive independently and was also held unsustainable. en-us Thu, 27 Nov 1975 00:00:00 +0530 Wed, 23 Feb 2011 12:07:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66257 ITAT Hyderabad-A held that the assessee's appeal was maintainable because the challenge before the first appellate authority covered both the additions and the section 215 interest levy. The Tribunal accepted the theory of intangible additions, finding that earlier year additions and available balances were sufficient to absorb the disputed amount, so the further addition sustained by the appellate authority was deleted. As the interest under section 215 was founded solely on that addition, it could not survive independently and was also held unsustainable. Case-Laws Income Tax Thu, 27 Nov 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66257