https://www.taxtmi.com/caselaws?id=240260 The High Court ruled in favor of the revenue department, holding that the assessee was not entitled to interest under Section 244(1A) of the Income Tax Act as the conditions were not met. The court found that the tax was paid voluntarily through self-assessment, not due to any assessment or penalty order. It was determined that the Assessing Officer did not err in issuing a notice under Section 154 to withdraw the interest. The court concluded that the Tribunal's decision was unsustainable as the mistake was apparent and not debatable, allowing the revenue department to proceed as per the judgment. en-us Thu, 08 Nov 2012 00:00:00 +0530 Fri, 29 Nov 2013 06:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240260 The High Court ruled in favor of the revenue department, holding that the assessee was not entitled to interest under Section 244(1A) of the Income Tax Act as the conditions were not met. The court found that the tax was paid voluntarily through self-assessment, not due to any assessment or penalty order. It was determined that the Assessing Officer did not err in issuing a notice under Section 154 to withdraw the interest. The court concluded that the Tribunal's decision was unsustainable as the mistake was apparent and not debatable, allowing the revenue department to proceed as per the judgment. Case-Laws Income Tax Thu, 08 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240260