https://www.taxtmi.com/caselaws?id=340399 The court recalled a judgment based on a misinterpretation of a Supreme Court decision regarding interest under sections 234B and 234C of the Income Tax Act, 1961. The court found that the previous judgment misapplied the Supreme Court decision, which related to different sections of the Act. Consequently, the court decided to recall the judgment and order dated 24.06.2011, ruling in favor of the applicant and restoring the appeal to the file. The court concluded that the application for recall was justified based on the legal analysis presented. en-us Fri, 10 Mar 2017 00:00:00 +0530 Mon, 20 Mar 2017 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340399 The court recalled a judgment based on a misinterpretation of a Supreme Court decision regarding interest under sections 234B and 234C of the Income Tax Act, 1961. The court found that the previous judgment misapplied the Supreme Court decision, which related to different sections of the Act. Consequently, the court decided to recall the judgment and order dated 24.06.2011, ruling in favor of the applicant and restoring the appeal to the file. The court concluded that the application for recall was justified based on the legal analysis presented. Case-Laws Income Tax Fri, 10 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340399