https://www.taxtmi.com/caselaws?id=32069 The High Court upheld the Tribunal's order in an appeal by the Revenue regarding the computation of interest under Section 220(2) in a tax matter. The Court determined that interest on the revised amount should be calculated from the date of the fresh assessment order after remand, not from the original assessment order date. The Court found that Circular No.334 supported this interpretation and dismissed the Revenue's appeals, concluding that their arguments were not valid in this case. en-us Mon, 10 Nov 2008 00:00:00 +0530 Mon, 31 Dec 2012 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32069 The High Court upheld the Tribunal's order in an appeal by the Revenue regarding the computation of interest under Section 220(2) in a tax matter. The Court determined that interest on the revised amount should be calculated from the date of the fresh assessment order after remand, not from the original assessment order date. The Court found that Circular No.334 supported this interpretation and dismissed the Revenue's appeals, concluding that their arguments were not valid in this case. Case-Laws Income Tax Mon, 10 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32069