https://www.taxtmi.com/caselaws?id=15885 Interest under section 139(8) compensates delay in filing the return, while interest under sections 215/217 compensates default in payment of advance tax; because the two provisions address different defaults, there was no legal bar to levying both where the facts justified it. The Settlement Commission also had no power to review its own order, and the later petition was considered on merits as well, so the assessee showed no prejudice from not treating it as a mere correction application. The challenge to the levy of interest and to the handling of the subsequent petition therefore failed. en-us Mon, 14 Dec 1998 00:00:00 +0530 Sat, 29 Aug 2009 16:41:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15885 Interest under section 139(8) compensates delay in filing the return, while interest under sections 215/217 compensates default in payment of advance tax; because the two provisions address different defaults, there was no legal bar to levying both where the facts justified it. The Settlement Commission also had no power to review its own order, and the later petition was considered on merits as well, so the assessee showed no prejudice from not treating it as a mere correction application. The challenge to the levy of interest and to the handling of the subsequent petition therefore failed. Case-Laws Income Tax Mon, 14 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15885