https://www.taxtmi.com/caselaws?id=21702 The court held that interest under sections 139(8) and 215 of the Income-tax Act, 1961 is not payable in reassessment cases due to the effacement of the original assessment upon reopening. The appellants' contention that interest should be paid based on the original assessment was deemed untenable. The court affirmed the single judge's order, dismissing the appeals and clarifying the liability of interest in reassessment cases. en-us Wed, 06 Dec 1989 00:00:00 +0530 Fri, 27 Nov 2009 11:02:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21702 The court held that interest under sections 139(8) and 215 of the Income-tax Act, 1961 is not payable in reassessment cases due to the effacement of the original assessment upon reopening. The appellants' contention that interest should be paid based on the original assessment was deemed untenable. The court affirmed the single judge's order, dismissing the appeals and clarifying the liability of interest in reassessment cases. Case-Laws Income Tax Wed, 06 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21702