https://www.taxtmi.com/caselaws?id=38988 Revision limitation for waiver or reduction of penal interest runs from the separate order deciding that application, rather than from the regular assessment order, where the interest issue was neither considered nor notified during assessment. The right to seek waiver or reduction under the applicable interest provisions remains independent of the regular assessment in those circumstances. Further, an interest levy that is not appealable cannot be treated as a matter made subject to appeal before the Appellate Tribunal for the statutory bar on revision. Revision petitions challenging refusal of interest relief therefore remain maintainable for decision on merits. en-us Fri, 16 Feb 1973 00:00:00 +0530 Sat, 10 Apr 2010 17:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38988 Revision limitation for waiver or reduction of penal interest runs from the separate order deciding that application, rather than from the regular assessment order, where the interest issue was neither considered nor notified during assessment. The right to seek waiver or reduction under the applicable interest provisions remains independent of the regular assessment in those circumstances. Further, an interest levy that is not appealable cannot be treated as a matter made subject to appeal before the Appellate Tribunal for the statutory bar on revision. Revision petitions challenging refusal of interest relief therefore remain maintainable for decision on merits. Case-Laws Income Tax Fri, 16 Feb 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38988