https://www.taxtmi.com/caselaws?id=297564 Interest under sections 139(8) and 217 of the Income-tax Act, 1961 was held leviable even where the assessment was completed for the first time under section 147 read with section 143(3). The court followed an earlier decision on the same point and applied that rule to reject the assessee's challenge. The result was that the levy of interest was upheld in favour of the revenue. en-us Tue, 06 Aug 2002 00:00:00 +0530 Fri, 10 Sep 2021 15:27:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297564 Interest under sections 139(8) and 217 of the Income-tax Act, 1961 was held leviable even where the assessment was completed for the first time under section 147 read with section 143(3). The court followed an earlier decision on the same point and applied that rule to reject the assessee's challenge. The result was that the levy of interest was upheld in favour of the revenue. Case-Laws Income Tax Tue, 06 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297564