https://www.taxtmi.com/caselaws?id=352717 The appeal was dismissed, affirming the decision of the Ld. CIT(A) to delete the demand for interest under sections 234A and 234B. The court held that without a specific direction in the assessment order, interest cannot be recovered solely through a demand notice. The judgment relied on legal interpretations from the Hon'ble Supreme Court and other High Courts, emphasizing that rectification cannot be made if there is no apparent mistake in the original assessment order. The case underscored the importance of explicit directions in assessment orders for charging interest, ultimately leading to the dismissal of the revenue's appeal. en-us Thu, 12 Oct 2017 00:00:00 +0530 Wed, 20 Dec 2017 08:45:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352717 The appeal was dismissed, affirming the decision of the Ld. CIT(A) to delete the demand for interest under sections 234A and 234B. The court held that without a specific direction in the assessment order, interest cannot be recovered solely through a demand notice. The judgment relied on legal interpretations from the Hon'ble Supreme Court and other High Courts, emphasizing that rectification cannot be made if there is no apparent mistake in the original assessment order. The case underscored the importance of explicit directions in assessment orders for charging interest, ultimately leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Thu, 12 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352717