https://www.taxtmi.com/caselaws?id=55131 The Tribunal upheld the decision of the AAC regarding the assessment under section 143(1) of the IT Act and the levy of interest under sections 139(8) and 217. The Tribunal ruled that the assessee's late filing of the return was not justified by claiming benefits under the Amnesty Scheme, emphasizing that the scheme did not apply to the interest imposed. Additionally, the Tribunal rejected the application for rectification of demand, stating that no apparent mistakes were found in the assessment order and interest charged, and relief could not be granted due to the assessee's failure to object within the prescribed timeframe under section 143(2)(a). en-us Thu, 06 Apr 1989 00:00:00 +0530 Tue, 23 Nov 2010 17:34:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55131 The Tribunal upheld the decision of the AAC regarding the assessment under section 143(1) of the IT Act and the levy of interest under sections 139(8) and 217. The Tribunal ruled that the assessee's late filing of the return was not justified by claiming benefits under the Amnesty Scheme, emphasizing that the scheme did not apply to the interest imposed. Additionally, the Tribunal rejected the application for rectification of demand, stating that no apparent mistakes were found in the assessment order and interest charged, and relief could not be granted due to the assessee's failure to object within the prescribed timeframe under section 143(2)(a). Case-Laws Income Tax Thu, 06 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55131