https://www.taxtmi.com/caselaws?id=185514 The High Court allowed the appeals in favor of the assessee, ruling against the revenue department. The Court emphasized the importance of consistency in tax assessments across different years and held that if interest was allowed in a previous year without changes, it should not be disallowed in the current assessment year. The decision was based on the interpretation of relevant provisions and legal precedents, particularly citing a Karnataka High Court decision. en-us Thu, 27 Nov 2014 00:00:00 +0530 Wed, 17 Aug 2016 08:44:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185514 The High Court allowed the appeals in favor of the assessee, ruling against the revenue department. The Court emphasized the importance of consistency in tax assessments across different years and held that if interest was allowed in a previous year without changes, it should not be disallowed in the current assessment year. The decision was based on the interpretation of relevant provisions and legal precedents, particularly citing a Karnataka High Court decision. Case-Laws Income Tax Thu, 27 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185514