High Court rules no interest payable due to lack of assessment or notice of demand u/s 24(3). Writ petition allowed. https://www.taxtmi.com/highlights?id=31101 Demand of interest - cheques given by petitioner to Enforcement Wing Officials during inspection got dishonoured - In the absence of any assessment, even provisional, and a notice of demand no interest would be payable under Section 24(3) - demand of interest without jurisdiction - writ petition allowed - HC en-us Wed, 07 Sep 2016 11:53:55 +0530 Wed, 07 Sep 2016 11:53:55 +0530 TaxTMI RSS Generator High Court rules no interest payable due to lack of assessment or notice of demand u/s 24(3). Writ petition allowed. https://www.taxtmi.com/highlights?id=31101 Demand of interest - cheques given by petitioner to Enforcement Wing Officials during inspection got dishonoured - In the absence of any assessment, even provisional, and a notice of demand no interest would be payable under Section 24(3) - demand of interest without jurisdiction - writ petition allowed - HC Highlights VAT and Sales Tax Wed, 07 Sep 2016 11:53:55 +0530 https://www.taxtmi.com/highlights?id=31101