https://www.taxtmi.com/caselaws?id=13134 Interest under s.234B was challenged on the ground that a separate and valid notice of demand under s.156 had not been issued. The HC held that where the assessment order and the demand notice are passed on the same day by the same officer, the assessment is complete only upon both being issued, satisfying the legal test applied in prior precedent; the assessee's revised return and admitted delay in payment of due tax further established liability, and the interest was quantified and communicated by the AO. Consequently, the levy of interest under s.234B and the demand were upheld and the challenge was rejected. en-us Tue, 31 Jul 2001 00:00:00 +0530 Mon, 22 Dec 2025 19:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13134 Interest under s.234B was challenged on the ground that a separate and valid notice of demand under s.156 had not been issued. The HC held that where the assessment order and the demand notice are passed on the same day by the same officer, the assessment is complete only upon both being issued, satisfying the legal test applied in prior precedent; the assessee's revised return and admitted delay in payment of due tax further established liability, and the interest was quantified and communicated by the AO. Consequently, the levy of interest under s.234B and the demand were upheld and the challenge was rejected. Case-Laws Income Tax Tue, 31 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13134