https://www.taxtmi.com/caselaws?id=788048 Where an assessing order is reduced by a rectification under a rectification provision, interest under section 220(2) must be recomputed to reflect the revised assessed income; the Assessing Officer is directed to recompute interest after affording the assessee a reasonable opportunity of hearing. However, the date from which interest runs remains the date relevant to the original demand issued pursuant to the intimation under section 143(1), not the date of the rectification order. The matter is remitted to the jurisdictional Assessing Officer for fresh computation on that basis. en-us Thu, 12 Mar 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788048 Where an assessing order is reduced by a rectification under a rectification provision, interest under section 220(2) must be recomputed to reflect the revised assessed income; the Assessing Officer is directed to recompute interest after affording the assessee a reasonable opportunity of hearing. However, the date from which interest runs remains the date relevant to the original demand issued pursuant to the intimation under section 143(1), not the date of the rectification order. The matter is remitted to the jurisdictional Assessing Officer for fresh computation on that basis. Case-Laws Income Tax Thu, 12 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788048