https://www.taxtmi.com/caselaws?id=10465 Interest under sections 234B and 234C of the Income-tax Act could not be sustained where the assessment order contained no direction levying such interest. The Tribunal had deleted the demand on the basis of settled precedent that a notice of demand for interest can issue only when the assessment order expressly directs its levy. In the absence of any such direction, the Delhi HC found no substantial question of law arising from the Revenue's section 260A challenge, and the appeal was dismissed. en-us Wed, 21 Aug 2002 00:00:00 +0530 Thu, 16 Jul 2009 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10465 Interest under sections 234B and 234C of the Income-tax Act could not be sustained where the assessment order contained no direction levying such interest. The Tribunal had deleted the demand on the basis of settled precedent that a notice of demand for interest can issue only when the assessment order expressly directs its levy. In the absence of any such direction, the Delhi HC found no substantial question of law arising from the Revenue's section 260A challenge, and the appeal was dismissed. Case-Laws Income Tax Wed, 21 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10465