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    <title>Interest payable by the assessee under section 220 - THE FINANCE (No. 2) BILL, 2014</title>
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    <description>The proposal deems a notice of demand to remain valid during the pendency of any appeal or proceeding in respect of the specified amount, enabling the demand to operate under the continuity principle and validation framework; where earlier orders reduce and later orders increase the amount on which interest was payable, the assessee must pay interest on the increased amount from the day after the original notice period ended until payment.</description>
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      <description>The proposal deems a notice of demand to remain valid during the pendency of any appeal or proceeding in respect of the specified amount, enabling the demand to operate under the continuity principle and validation framework; where earlier orders reduce and later orders increase the amount on which interest was payable, the assessee must pay interest on the increased amount from the day after the original notice period ended until payment.</description>
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