https://www.taxtmi.com/caselaws?id=412211 The court held that the assessment completed under Section 143(3) read with Section 147 on 26.12.2008 was not a "regular assessment" as it was not the first assessment. Therefore, Section 234D did not apply, and no interest could be levied on the respondent-assessee. The appeal filed by the Revenue was dismissed, and the substantial questions of law were answered against the Revenue. en-us Tue, 24 Aug 2021 00:00:00 +0530 Wed, 17 Nov 2021 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412211 The court held that the assessment completed under Section 143(3) read with Section 147 on 26.12.2008 was not a "regular assessment" as it was not the first assessment. Therefore, Section 234D did not apply, and no interest could be levied on the respondent-assessee. The appeal filed by the Revenue was dismissed, and the substantial questions of law were answered against the Revenue. Case-Laws Income Tax Tue, 24 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412211