https://www.taxtmi.com/caselaws?id=250956 The High Court held that the Tribunal's deletion of interest levied under Section 217(1A) was incorrect. It determined that the Assessing Officer had the authority to impose interest under Section 217(1A) and that the Tribunal's observation did not prevent the Assessing Officer from doing so. The High Court ruled in favor of the Revenue, allowing their appeal against the respondent assessee. en-us Mon, 25 Aug 2014 00:00:00 +0530 Fri, 10 Oct 2014 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250956 The High Court held that the Tribunal's deletion of interest levied under Section 217(1A) was incorrect. It determined that the Assessing Officer had the authority to impose interest under Section 217(1A) and that the Tribunal's observation did not prevent the Assessing Officer from doing so. The High Court ruled in favor of the Revenue, allowing their appeal against the respondent assessee. Case-Laws Income Tax Mon, 25 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250956