https://www.taxtmi.com/caselaws?id=271971 The tribunal ruled in favor of the assessee, finding the Assessing Officer's order under Section 154 of the Income-tax Act invalid due to lack of jurisdiction. Consequently, interest charged under Sections 234D and 244A was also deemed invalid. The tribunal dismissed the Revenue's appeal, upholding the deletion of interest under Section 234B, as the tax liability arose from a retrospective amendment. The assessee's appeals for the assessment years 2004-05 to 2006-07 were allowed, while the Revenue's appeals for 2004-05 and 2005-06 were dismissed. en-us Mon, 08 Feb 2016 00:00:00 +0530 Wed, 04 May 2016 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271971 The tribunal ruled in favor of the assessee, finding the Assessing Officer's order under Section 154 of the Income-tax Act invalid due to lack of jurisdiction. Consequently, interest charged under Sections 234D and 244A was also deemed invalid. The tribunal dismissed the Revenue's appeal, upholding the deletion of interest under Section 234B, as the tax liability arose from a retrospective amendment. The assessee's appeals for the assessment years 2004-05 to 2006-07 were allowed, while the Revenue's appeals for 2004-05 and 2005-06 were dismissed. Case-Laws Income Tax Mon, 08 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271971