https://www.taxtmi.com/caselaws?id=15183 Interest under section 220(2) of the Income-tax Act remains chargeable when an original tax demand is revived by the final appellate order and the amount specified in the notice of demand was not paid within time. The Court treated section 156 and the statutory recovery scheme as fixing liability to simple interest on unpaid demand, and held that the later restoration of the Revenue's case revived the original demand in law. The Taxation Laws (Continuation and Validation of Recovery Proceedings) Act, 1964 was also relied on to preserve the validity of the original notice of demand. The CBDT circular was not treated as controlling, and the refusal to delete interest was upheld. en-us Mon, 08 Jun 1998 00:00:00 +0530 Mon, 03 Aug 2009 15:39:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15183 Interest under section 220(2) of the Income-tax Act remains chargeable when an original tax demand is revived by the final appellate order and the amount specified in the notice of demand was not paid within time. The Court treated section 156 and the statutory recovery scheme as fixing liability to simple interest on unpaid demand, and held that the later restoration of the Revenue's case revived the original demand in law. The Taxation Laws (Continuation and Validation of Recovery Proceedings) Act, 1964 was also relied on to preserve the validity of the original notice of demand. The CBDT circular was not treated as controlling, and the refusal to delete interest was upheld. Case-Laws Income Tax Mon, 08 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15183