https://www.taxtmi.com/caselaws?id=117206 The Tribunal allowed all appeals, ruling that interest should not have been charged under sections 139(8) or 215/217 in orders under section 154/155 without prior levy during regular assessments. The Tribunal held that interest cannot be levied if not specified in the assessment order, emphasizing that initial interest levy is not permitted in reassessments under section 147. Consequently, the Tribunal deleted the interest charged by the Assessing Officer and upheld by the CIT(A). en-us Fri, 29 Nov 2002 00:00:00 +0530 Thu, 21 Jun 2012 10:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117206 The Tribunal allowed all appeals, ruling that interest should not have been charged under sections 139(8) or 215/217 in orders under section 154/155 without prior levy during regular assessments. The Tribunal held that interest cannot be levied if not specified in the assessment order, emphasizing that initial interest levy is not permitted in reassessments under section 147. Consequently, the Tribunal deleted the interest charged by the Assessing Officer and upheld by the CIT(A). Case-Laws Income Tax Fri, 29 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117206