https://www.taxtmi.com/caselaws?id=18449 The assessee was found not liable to pay interest for the late filing of returns for the assessment years 1968-69 and 1969-70. The High Court upheld the Tribunal's decision, stating that returns filed in response to notices under section 148 cannot be considered as returns filed under section 139(2) for the purpose of levying interest. However, the High Court disagreed with the Tribunal's decision to allow rectification under section 154, as the issue of charging interest was deemed debatable and not a clear mistake apparent from the record. en-us Thu, 08 Feb 1996 00:00:00 +0530 Thu, 01 Oct 2009 10:36:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18449 The assessee was found not liable to pay interest for the late filing of returns for the assessment years 1968-69 and 1969-70. The High Court upheld the Tribunal's decision, stating that returns filed in response to notices under section 148 cannot be considered as returns filed under section 139(2) for the purpose of levying interest. However, the High Court disagreed with the Tribunal's decision to allow rectification under section 154, as the issue of charging interest was deemed debatable and not a clear mistake apparent from the record. Case-Laws Income Tax Thu, 08 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18449