https://www.taxtmi.com/caselaws?id=10657 The court held that interest liability under section 201(1A) of the Income-tax Act is mandatory and automatic to compensate the government for tax payment delays. Orders for certain assessment years were deemed null and void due to lack of jurisdiction, while for the assessment year 1985-86, the court directed a reconsideration with the opportunity for the assessee to be heard, emphasizing the importance of natural justice principles. The appeal was allowed with no costs awarded. en-us Wed, 02 Mar 2005 00:00:00 +0530 Tue, 21 Jul 2009 09:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10657 The court held that interest liability under section 201(1A) of the Income-tax Act is mandatory and automatic to compensate the government for tax payment delays. Orders for certain assessment years were deemed null and void due to lack of jurisdiction, while for the assessment year 1985-86, the court directed a reconsideration with the opportunity for the assessee to be heard, emphasizing the importance of natural justice principles. The appeal was allowed with no costs awarded. Case-Laws Income Tax Wed, 02 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10657