https://www.taxtmi.com/caselaws?id=10873 Where an appellate order leads to a fresh assessment and a fresh notice of demand under section 156, interest under section 220(2) arises only if the assessee defaults in paying that fresh demand within the statutory period. The earlier demand is superseded by the fresh assessment, so liability cannot be carried back to the original demand date. On the facts stated, the fresh demand was paid in time, making interest from the earlier date unsustainable and entitling the assessee to consequential relief. en-us Sat, 29 Nov 2003 00:00:00 +0530 Mon, 27 Jul 2009 09:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10873 Where an appellate order leads to a fresh assessment and a fresh notice of demand under section 156, interest under section 220(2) arises only if the assessee defaults in paying that fresh demand within the statutory period. The earlier demand is superseded by the fresh assessment, so liability cannot be carried back to the original demand date. On the facts stated, the fresh demand was paid in time, making interest from the earlier date unsustainable and entitling the assessee to consequential relief. Case-Laws Income Tax Sat, 29 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10873