https://www.taxtmi.com/caselaws?id=374106 The Court upheld the Tribunal's order, ruling in favor of the assessee and against the Revenue. The Court found that the subsequent assessment for 2006-07 was completed without authority as it was done after accepting the revised return filed by the assessee for 2005-06. The Court noted that since the revised return was filed within the allowed time after the interest waiver, there was no question of accrual of interest. The appeals were rejected, and the parties were left to bear their respective costs. en-us Thu, 03 Jan 2019 00:00:00 +0530 Fri, 25 Jan 2019 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374106 The Court upheld the Tribunal's order, ruling in favor of the assessee and against the Revenue. The Court found that the subsequent assessment for 2006-07 was completed without authority as it was done after accepting the revised return filed by the assessee for 2005-06. The Court noted that since the revised return was filed within the allowed time after the interest waiver, there was no question of accrual of interest. The appeals were rejected, and the parties were left to bear their respective costs. Case-Laws Income Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374106