https://www.taxtmi.com/caselaws?id=217946 The court upheld the Assessing Officer's authority to levy interest under Sections 215 and 139(8) in a rectificatory order, finding the liability arose due to income rectification. The court deemed the notice requirement under Section 154(3) unnecessary as the rectification was initiated by the assessee, leading to the dismissal of the petition challenging the order. en-us Wed, 04 Apr 2012 00:00:00 +0530 Wed, 31 Oct 2012 08:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217946 The court upheld the Assessing Officer's authority to levy interest under Sections 215 and 139(8) in a rectificatory order, finding the liability arose due to income rectification. The court deemed the notice requirement under Section 154(3) unnecessary as the rectification was initiated by the assessee, leading to the dismissal of the petition challenging the order. Case-Laws Income Tax Wed, 04 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217946