https://www.taxtmi.com/caselaws?id=341076 The appeals by the bank against the confirmation of interest levy under Section 201(1A) and Section 201(1) of the Act for various assessment years were partially allowed for statistical purposes. The issues were remanded back to the Assessing Officer pending the decision on the university's registration application under Section 12AA. The Assessing Officer was directed to reevaluate the issues considering the Supreme Court's decision and the impact of Form 26A, with interest under Section 201(1A) to be calculated from the date of tax deductibility to the deductee's return filing date. en-us Mon, 13 Feb 2017 00:00:00 +0530 Fri, 31 Mar 2017 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341076 The appeals by the bank against the confirmation of interest levy under Section 201(1A) and Section 201(1) of the Act for various assessment years were partially allowed for statistical purposes. The issues were remanded back to the Assessing Officer pending the decision on the university's registration application under Section 12AA. The Assessing Officer was directed to reevaluate the issues considering the Supreme Court's decision and the impact of Form 26A, with interest under Section 201(1A) to be calculated from the date of tax deductibility to the deductee's return filing date. Case-Laws Income Tax Mon, 13 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341076