https://www.taxtmi.com/caselaws?id=335235 The court upheld the Tribunal's decision to delete interest charges under sections 234(B) and 234(D) of the Income Tax Act. The appellant's challenge against the deletion of interest charges was dismissed, affirming the Tribunal and CIT(A)'s decisions. The court emphasized that the Assessing Officer lacked authority to re-levy interest under section 154 after the CIT(A) set aside the initial interest charge under section 234(B). The appeal regarding interest under section 234(D) was not pressed by the revenue, leading to no order on this matter. Consequently, the court disposed of the appeal accordingly. en-us Fri, 11 Nov 2016 00:00:00 +0530 Mon, 28 Nov 2016 13:09:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335235 The court upheld the Tribunal's decision to delete interest charges under sections 234(B) and 234(D) of the Income Tax Act. The appellant's challenge against the deletion of interest charges was dismissed, affirming the Tribunal and CIT(A)'s decisions. The court emphasized that the Assessing Officer lacked authority to re-levy interest under section 154 after the CIT(A) set aside the initial interest charge under section 234(B). The appeal regarding interest under section 234(D) was not pressed by the revenue, leading to no order on this matter. Consequently, the court disposed of the appeal accordingly. Case-Laws Income Tax Fri, 11 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335235