https://www.taxtmi.com/caselaws?id=787313 The note addresses rectification of tax-orders where a subsequent Supreme Court decision reversed earlier precedent; it prescribes remand for fresh adjudication of a Section 154 application seeking additional interest, directing the competent authority to pass a fresh order within three months of receipt of the court copy. On remand the authority must recalculate interest applying extant legal provisions and the applicable rate from time to time, and the order must specify a contingency interest rate if the authority fails to comply within the directed timeline. en-us Mon, 23 Feb 2026 00:00:00 +0530 Mon, 02 Mar 2026 08:34:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787313 The note addresses rectification of tax-orders where a subsequent Supreme Court decision reversed earlier precedent; it prescribes remand for fresh adjudication of a Section 154 application seeking additional interest, directing the competent authority to pass a fresh order within three months of receipt of the court copy. On remand the authority must recalculate interest applying extant legal provisions and the applicable rate from time to time, and the order must specify a contingency interest rate if the authority fails to comply within the directed timeline. Case-Laws Income Tax Mon, 23 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787313