https://www.taxtmi.com/caselaws?id=21045 The court held that the Income-tax Officer is competent to pass a separate order levying interest u/s 215, provided it is within the period prescribed for assessment u/s 153. The order levying interest beyond the prescribed period was deemed invalid. The Revenue succeeded on the legal issue, but the assessee won due to the limitation problem. The court ruled in favor of the assessee, concluding that the order charging interest was invalid in this case. en-us Wed, 28 Oct 1992 00:00:00 +0530 Wed, 18 Nov 2009 18:21:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21045 The court held that the Income-tax Officer is competent to pass a separate order levying interest u/s 215, provided it is within the period prescribed for assessment u/s 153. The order levying interest beyond the prescribed period was deemed invalid. The Revenue succeeded on the legal issue, but the assessee won due to the limitation problem. The court ruled in favor of the assessee, concluding that the order charging interest was invalid in this case. Case-Laws Income Tax Wed, 28 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21045