https://www.taxtmi.com/caselaws?id=19022 The High Court held that a fresh assessment made following the setting aside of an earlier assessment under the Income-tax Act should be considered a "regular assessment." Interest under sections 139(8) and 215 was deemed exigible up to the date of the fresh assessment. The Court ruled in favor of the Department, concluding that interest should be levied in such circumstances, contrary to the decisions of the Commissioner of Income-tax (Appeals) and the Tribunal. en-us Wed, 08 Mar 1995 00:00:00 +0530 Tue, 03 Nov 2009 13:55:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19022 The High Court held that a fresh assessment made following the setting aside of an earlier assessment under the Income-tax Act should be considered a "regular assessment." Interest under sections 139(8) and 215 was deemed exigible up to the date of the fresh assessment. The Court ruled in favor of the Department, concluding that interest should be levied in such circumstances, contrary to the decisions of the Commissioner of Income-tax (Appeals) and the Tribunal. Case-Laws Income Tax Wed, 08 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19022