https://www.taxtmi.com/caselaws?id=9877 The High Court upheld the Tribunal's decision that the Assessing Officer exceeded their authority by excluding interest under sections 234B and 234C without proper procedures. The Court emphasized that such adjustments should be made under section 143(2) after a detailed assessment process, not under section 143(1)(a). The Court ruled in favor of the assessee, dismissing the Revenue's appeal, highlighting the importance of due process and providing the assessee with a fair opportunity to address debatable issues during tax assessments. en-us Mon, 20 Mar 2006 00:00:00 +0530 Thu, 02 Jul 2009 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9877 The High Court upheld the Tribunal's decision that the Assessing Officer exceeded their authority by excluding interest under sections 234B and 234C without proper procedures. The Court emphasized that such adjustments should be made under section 143(2) after a detailed assessment process, not under section 143(1)(a). The Court ruled in favor of the assessee, dismissing the Revenue's appeal, highlighting the importance of due process and providing the assessee with a fair opportunity to address debatable issues during tax assessments. Case-Laws Income Tax Mon, 20 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9877