https://www.taxtmi.com/caselaws?id=67612 The Appellate Tribunal ITAT Jaipur ruled in favor of the assessee, finding the levy of interest under section 216 of the Income-tax Act, 1961 unjust for a nominal sum of Rs. 610. The Tribunal emphasized the assessee's right to challenge the levy of interest independently, even if not appealing on other grounds. It was noted that the assessee was not obligated to file an estimate of current income and that any earlier estimate filed could not prejudice the assessee. As a result, the Tribunal deleted the interest levy, siding with the assessee in this matter. en-us Mon, 06 Jan 1986 00:00:00 +0530 Fri, 11 Mar 2011 18:08:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67612 The Appellate Tribunal ITAT Jaipur ruled in favor of the assessee, finding the levy of interest under section 216 of the Income-tax Act, 1961 unjust for a nominal sum of Rs. 610. The Tribunal emphasized the assessee's right to challenge the levy of interest independently, even if not appealing on other grounds. It was noted that the assessee was not obligated to file an estimate of current income and that any earlier estimate filed could not prejudice the assessee. As a result, the Tribunal deleted the interest levy, siding with the assessee in this matter. Case-Laws Income Tax Mon, 06 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67612