https://www.taxtmi.com/caselaws?id=395447 Interest under section 220(2) on a revived income-tax demand is to be computed from the expiry of the original demand period until payment, but only after lawful adjustment of amounts already paid and without mechanically appropriating sums towards a disputed section 234D levy. Section 234D interest applies only where a refund was actually granted under section 143(1), and the charging period runs from the date of that refund up to the date of regular assessment under section 143(3). If no section 143(1) refund was granted, no section 234D interest arises. The matter therefore requires factual verification of the refund position and consequential recomputation of interest. en-us Wed, 15 Apr 2020 00:00:00 +0530 Fri, 22 May 2020 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395447 Interest under section 220(2) on a revived income-tax demand is to be computed from the expiry of the original demand period until payment, but only after lawful adjustment of amounts already paid and without mechanically appropriating sums towards a disputed section 234D levy. Section 234D interest applies only where a refund was actually granted under section 143(1), and the charging period runs from the date of that refund up to the date of regular assessment under section 143(3). If no section 143(1) refund was granted, no section 234D interest arises. The matter therefore requires factual verification of the refund position and consequential recomputation of interest. Case-Laws Income Tax Wed, 15 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395447