https://www.taxtmi.com/caselaws?id=437017 The appeal filed by the assessee against the order of the ld. CIT(A) was allowed. The issue revolved around the enhancement of interest chargeable under section 234A. The AO revised the interest amount significantly, which was upheld by the ld. CIT(A) citing a mistake apparent in the assessment order. However, the assessee's argument, supported by a Bombay High Court case, that the AO's rectification under section 154 was not in accordance with the law, prevailed. As a result, the appeal was allowed in favor of the assessee. en-us Wed, 22 Mar 2023 00:00:00 +0530 Tue, 25 Apr 2023 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437017 The appeal filed by the assessee against the order of the ld. CIT(A) was allowed. The issue revolved around the enhancement of interest chargeable under section 234A. The AO revised the interest amount significantly, which was upheld by the ld. CIT(A) citing a mistake apparent in the assessment order. However, the assessee's argument, supported by a Bombay High Court case, that the AO's rectification under section 154 was not in accordance with the law, prevailed. As a result, the appeal was allowed in favor of the assessee. Case-Laws Income Tax Wed, 22 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437017