https://www.taxtmi.com/caselaws?id=21701 Regular assessment under the Income-tax Act, 1961 is confined to assessments made under sections 143 and 144; reassessment under section 147 does not fall within that statutory expression. On that construction, interest provisions applicable to regular assessment cannot be extended to reassessment proceedings completed after notice under section 148. The court therefore held that interest under sections 139(8) and 215 could not be levied in reassessment proceedings, and the impugned interest demand was quashed to that extent. en-us Mon, 23 Jan 1989 00:00:00 +0530 Fri, 27 Nov 2009 11:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21701 Regular assessment under the Income-tax Act, 1961 is confined to assessments made under sections 143 and 144; reassessment under section 147 does not fall within that statutory expression. On that construction, interest provisions applicable to regular assessment cannot be extended to reassessment proceedings completed after notice under section 148. The court therefore held that interest under sections 139(8) and 215 could not be levied in reassessment proceedings, and the impugned interest demand was quashed to that extent. Case-Laws Income Tax Mon, 23 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21701