https://www.taxtmi.com/caselaws?id=340983 Interest on differential tax found payable in revisional or reassessment proceedings cannot be levied for the period before the demand is raised, because the liability to pay the additional amount arises only when it is determined and demanded. Where the assessee had deposited the revised tax within the time allowed after notice, the pre-demand interest levy was held unsustainable and the writ petitions succeeded, with the impugned interest demand quashed in favour of the assessee. en-us Fri, 22 Jul 2016 00:00:00 +0530 Fri, 31 Mar 2017 05:06:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340983 Interest on differential tax found payable in revisional or reassessment proceedings cannot be levied for the period before the demand is raised, because the liability to pay the additional amount arises only when it is determined and demanded. Where the assessee had deposited the revised tax within the time allowed after notice, the pre-demand interest levy was held unsustainable and the writ petitions succeeded, with the impugned interest demand quashed in favour of the assessee. Case-Laws VAT and Sales Tax Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340983