https://www.taxtmi.com/caselaws?id=252488 The High Court ruled that interest under Section 139(8) and Section 215 of the Income Tax Act cannot be charged without a specific order in the assessment order. The court emphasized the need for a clear directive in the assessment order before levying interest in the notice of demand. It held that the notice of demand must align with the assessment order, likening it to a decree in a civil suit. The court rejected the argument that interest could be charged mandatorily, stating that while the levy of interest is mandatory, a specific mention in the assessment order is required for validity. The appeal was dismissed, finding no substantial question of law. en-us Mon, 07 Jul 2014 00:00:00 +0530 Tue, 17 Feb 2015 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252488 The High Court ruled that interest under Section 139(8) and Section 215 of the Income Tax Act cannot be charged without a specific order in the assessment order. The court emphasized the need for a clear directive in the assessment order before levying interest in the notice of demand. It held that the notice of demand must align with the assessment order, likening it to a decree in a civil suit. The court rejected the argument that interest could be charged mandatorily, stating that while the levy of interest is mandatory, a specific mention in the assessment order is required for validity. The appeal was dismissed, finding no substantial question of law. Case-Laws Income Tax Mon, 07 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252488