https://www.taxtmi.com/caselaws?id=209699 The court dismissed the Revenue's appeal regarding the charging of interest under Section 234-B of the Income Tax Act. It was held that interest cannot be imposed through a notice of demand without a specific order in the assessment order. The court emphasized that any tax, interest, penalty, or fine must be payable as a result of an order passed under the Act, i.e., the assessment order. It was established that interest must be explicitly mentioned in the assessment order to be recoverable through a notice of demand, aligning the assessment order with the notice of demand. Consequently, the appeal was rejected, and each party was directed to bear their own costs. en-us Fri, 14 Oct 2011 00:00:00 +0530 Fri, 28 Jun 2013 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209699 The court dismissed the Revenue's appeal regarding the charging of interest under Section 234-B of the Income Tax Act. It was held that interest cannot be imposed through a notice of demand without a specific order in the assessment order. The court emphasized that any tax, interest, penalty, or fine must be payable as a result of an order passed under the Act, i.e., the assessment order. It was established that interest must be explicitly mentioned in the assessment order to be recoverable through a notice of demand, aligning the assessment order with the notice of demand. Consequently, the appeal was rejected, and each party was directed to bear their own costs. Case-Laws Income Tax Fri, 14 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209699