https://www.taxtmi.com/caselaws?id=33013 The court allowed the appeal by the Revenue, setting aside the order passed by the Income-tax Appellate Tribunal. The issues regarding interest charged under section 234B of the Act and the interpretation of the Explanation below section 140A(1) were decided in favor of the Revenue. The judgment clarified the correct application of statutory provisions and the limitation period for rectifying orders under the Income-tax Act, 1961. en-us Tue, 27 Jan 2009 00:00:00 +0530 Fri, 17 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33013 The court allowed the appeal by the Revenue, setting aside the order passed by the Income-tax Appellate Tribunal. The issues regarding interest charged under section 234B of the Act and the interpretation of the Explanation below section 140A(1) were decided in favor of the Revenue. The judgment clarified the correct application of statutory provisions and the limitation period for rectifying orders under the Income-tax Act, 1961. Case-Laws Income Tax Tue, 27 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33013