https://www.taxtmi.com/caselaws?id=78173 SC held that interest under sections 234A, 234B and 234C applies to proceedings under Chapter XIX-A, with interest under section 234B payable only up to the stage of admission under section 245D(1). The Court ruled that the Settlement Commission cannot reopen or modify its concluded orders by invoking section 154, as rectification is not contemplated in the scheme of Chapter XIX-A, which aims at final settlement rather than determination of liability. Consequently, the Commission had no power to subsequently levy or enhance interest under section 234B by resorting to section 154 where such interest was not originally imposed. en-us Thu, 21 Oct 2010 00:00:00 +0530 Thu, 20 Nov 2025 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78173 SC held that interest under sections 234A, 234B and 234C applies to proceedings under Chapter XIX-A, with interest under section 234B payable only up to the stage of admission under section 245D(1). The Court ruled that the Settlement Commission cannot reopen or modify its concluded orders by invoking section 154, as rectification is not contemplated in the scheme of Chapter XIX-A, which aims at final settlement rather than determination of liability. Consequently, the Commission had no power to subsequently levy or enhance interest under section 234B by resorting to section 154 where such interest was not originally imposed. Case-Laws Income Tax Thu, 21 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78173