https://www.taxtmi.com/caselaws?id=117415 The tribunal upheld the decision to charge interest under section 220(2) of the Income-tax Act, 1961, against the assessee. The appeals challenging the charging of interest were dismissed, affirming the orders of the CIT (Appeals) and reinstating the additions made by the Assessing Officer. The tribunal ruled that interest could be charged as per the Act and a CBDT circular, emphasizing that non-compliance with demand notices justified the imposition of interest. The assessee's arguments to exclude certain periods were rejected, leading to the dismissal of all four appeals. en-us Fri, 12 Aug 2005 00:00:00 +0530 Fri, 22 Jun 2012 15:16:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117415 The tribunal upheld the decision to charge interest under section 220(2) of the Income-tax Act, 1961, against the assessee. The appeals challenging the charging of interest were dismissed, affirming the orders of the CIT (Appeals) and reinstating the additions made by the Assessing Officer. The tribunal ruled that interest could be charged as per the Act and a CBDT circular, emphasizing that non-compliance with demand notices justified the imposition of interest. The assessee's arguments to exclude certain periods were rejected, leading to the dismissal of all four appeals. Case-Laws Income Tax Fri, 12 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117415