https://www.taxtmi.com/caselaws?id=217373 The High Court allowed the Tax Case Appeals, ruling that the assessee could not be held liable for interest under Section 201(1A) of the Income Tax Act. The court considered the ongoing debate on the joint venture's status as an Association of Persons and the consistent belief of the parties involved, concluding that no interest should be levied under Section 201(1A). en-us Thu, 28 Jun 2012 00:00:00 +0530 Fri, 12 Oct 2012 22:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217373 The High Court allowed the Tax Case Appeals, ruling that the assessee could not be held liable for interest under Section 201(1A) of the Income Tax Act. The court considered the ongoing debate on the joint venture's status as an Association of Persons and the consistent belief of the parties involved, concluding that no interest should be levied under Section 201(1A). Case-Laws Income Tax Thu, 28 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217373