https://www.taxtmi.com/caselaws?id=38183 The High Court ruled in favor of the revenue department, holding that interest for delay in filing the return under section 139(1) can be charged even if the assessee did not apply for an extension of time. The Court emphasized that a debatable point of law cannot be considered an error apparent from the record for rectification purposes under section 154. As there was a significant divergence of opinions among various High Courts on this issue, the High Court concluded that there was no error in charging interest in this case. The department's appeal was allowed, and costs were awarded to the Commissioner. en-us Tue, 18 Apr 1978 00:00:00 +0530 Sat, 03 Apr 2010 16:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38183 The High Court ruled in favor of the revenue department, holding that interest for delay in filing the return under section 139(1) can be charged even if the assessee did not apply for an extension of time. The Court emphasized that a debatable point of law cannot be considered an error apparent from the record for rectification purposes under section 154. As there was a significant divergence of opinions among various High Courts on this issue, the High Court concluded that there was no error in charging interest in this case. The department's appeal was allowed, and costs were awarded to the Commissioner. Case-Laws Income Tax Tue, 18 Apr 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38183