https://www.taxtmi.com/caselaws?id=28874 The Tribunal affirmed the assessment order against the petitioner for income tax due on the seized amount. Additionally, the court upheld the interest u/s 220(2) demanded by the ITO, stating that the order of a judicial authority is provisionally executable until finality through appeal, making the petitioner liable for the interest accrued during the appeal process. The challenge against the orders was dismissed, and the petitioner's plea was unsuccessful. en-us Tue, 09 Feb 1982 00:00:00 +0530 Mon, 08 Mar 2010 12:41:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28874 The Tribunal affirmed the assessment order against the petitioner for income tax due on the seized amount. Additionally, the court upheld the interest u/s 220(2) demanded by the ITO, stating that the order of a judicial authority is provisionally executable until finality through appeal, making the petitioner liable for the interest accrued during the appeal process. The challenge against the orders was dismissed, and the petitioner's plea was unsuccessful. Case-Laws Income Tax Tue, 09 Feb 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28874