https://www.taxtmi.com/caselaws?id=399454 The court dismissed the appeal, ruling in favor of the revenue. It held that interest could be levied based on the original assessment order after remand, treating it as a regular assessment for the purpose of interest under Section 234A, B, and C of the Income Tax Act. The court determined the assessee's status as a firm, upholding the levy of interest despite the change in status. The judgment clarified that interest under Section 234A is applicable only up to the date of the first assessment order, even after a remand. en-us Tue, 06 Oct 2020 00:00:00 +0530 Thu, 24 Dec 2020 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399454 The court dismissed the appeal, ruling in favor of the revenue. It held that interest could be levied based on the original assessment order after remand, treating it as a regular assessment for the purpose of interest under Section 234A, B, and C of the Income Tax Act. The court determined the assessee's status as a firm, upholding the levy of interest despite the change in status. The judgment clarified that interest under Section 234A is applicable only up to the date of the first assessment order, even after a remand. Case-Laws Income Tax Tue, 06 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399454