https://www.taxtmi.com/caselaws?id=377660 The High Court upheld the Tribunal's decision, ruling in favor of the Assessee regarding the applicability of Section 234D of the Income Tax Act for the assessment year 2001-02. Citing precedent, the court held that interest under Section 234D could only be imposed from 1st June 2003, the date of its introduction in the statute. As there was no substantial question of law, the court dismissed the Revenue's appeal under Section 260A of the Income Tax Act, affirming the Tribunal's decision without interference. en-us Tue, 26 Feb 2019 00:00:00 +0530 Mon, 01 Apr 2019 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377660 The High Court upheld the Tribunal's decision, ruling in favor of the Assessee regarding the applicability of Section 234D of the Income Tax Act for the assessment year 2001-02. Citing precedent, the court held that interest under Section 234D could only be imposed from 1st June 2003, the date of its introduction in the statute. As there was no substantial question of law, the court dismissed the Revenue's appeal under Section 260A of the Income Tax Act, affirming the Tribunal's decision without interference. Case-Laws Income Tax Tue, 26 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377660