https://www.taxtmi.com/caselaws?id=68206 The Tribunal allowed the appeal of the assessee against the order of the CIT(A) for the assessment year 1995-96. The main issue revolved around the charging of interest under section 201(1A) of the IT Act. The Tribunal held that a separate order or inclusion in the assessment order was necessary for charging such interest. As the interest was not specifically ordered in the assessment, the Tribunal ruled in favor of the assessee, setting aside the lower authorities' orders and deleting the interest charged under section 201(1A). en-us Mon, 13 Sep 2004 00:00:00 +0530 Thu, 17 Mar 2011 16:22:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68206 The Tribunal allowed the appeal of the assessee against the order of the CIT(A) for the assessment year 1995-96. The main issue revolved around the charging of interest under section 201(1A) of the IT Act. The Tribunal held that a separate order or inclusion in the assessment order was necessary for charging such interest. As the interest was not specifically ordered in the assessment, the Tribunal ruled in favor of the assessee, setting aside the lower authorities' orders and deleting the interest charged under section 201(1A). Case-Laws Income Tax Mon, 13 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68206