https://www.taxtmi.com/caselaws?id=69645 The Tribunal upheld the Commissioner (Appeals) decision to cancel the interest levied under section 217(1A) of the Income-tax Act, 1961 for the assessment year 1979-80. The Tribunal found that the cancellation of interest was justified as the delay in assessment was not attributable to the assessee, and the assessee had cooperated with the department. The Tribunal dismissed the appeal of the revenue, affirming the cancellation of interest without any excess exercise of powers. en-us Wed, 05 Oct 1983 00:00:00 +0530 Mon, 11 Apr 2011 11:59:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69645 The Tribunal upheld the Commissioner (Appeals) decision to cancel the interest levied under section 217(1A) of the Income-tax Act, 1961 for the assessment year 1979-80. The Tribunal found that the cancellation of interest was justified as the delay in assessment was not attributable to the assessee, and the assessee had cooperated with the department. The Tribunal dismissed the appeal of the revenue, affirming the cancellation of interest without any excess exercise of powers. Case-Laws Income Tax Wed, 05 Oct 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69645