https://www.taxtmi.com/caselaws?id=4178 The ITAT dismissed the appellants' appeals, ruling that appeals against the levy of interest under Section 158-BFA(1) of the Income Tax Act, 1961, are not maintainable under Section 246-A. The court highlighted that Section 246-A does not explicitly provide for appeals against interest levies, distinguishing between ordinary assessments and special procedures for search cases. The appellants' arguments, referencing judicial precedents, were rejected as those cases pertained to different provisions. The court concluded that the statute does not offer a remedy for appealing the levy of interest alone, resulting in the dismissal of all appeals. en-us Thu, 15 Mar 2007 00:00:00 +0530 Fri, 20 Dec 2024 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4178 The ITAT dismissed the appellants' appeals, ruling that appeals against the levy of interest under Section 158-BFA(1) of the Income Tax Act, 1961, are not maintainable under Section 246-A. The court highlighted that Section 246-A does not explicitly provide for appeals against interest levies, distinguishing between ordinary assessments and special procedures for search cases. The appellants' arguments, referencing judicial precedents, were rejected as those cases pertained to different provisions. The court concluded that the statute does not offer a remedy for appealing the levy of interest alone, resulting in the dismissal of all appeals. Case-Laws Income Tax Thu, 15 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4178