https://www.taxtmi.com/caselaws?id=67457 The Appellate Tribunal ITAT Jaipur upheld the invocation of section 154 for imposing interest under section 139(8) of the Income-tax Act, 1961. The Tribunal ruled that interest is mandatory for delayed filing of returns, and the ITO must levy interest if no application for reduction or waiver is made by the assessee. The appeal by the assessee was dismissed as without merit. en-us Fri, 14 Nov 1986 00:00:00 +0530 Thu, 10 Mar 2011 17:01:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67457 The Appellate Tribunal ITAT Jaipur upheld the invocation of section 154 for imposing interest under section 139(8) of the Income-tax Act, 1961. The Tribunal ruled that interest is mandatory for delayed filing of returns, and the ITO must levy interest if no application for reduction or waiver is made by the assessee. The appeal by the assessee was dismissed as without merit. Case-Laws Income Tax Fri, 14 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67457