https://www.taxtmi.com/caselaws?id=56633 The Tribunal allowed the appeals, holding that the returns should not have been treated as 'non est', the action under section 147 was valid, and the interest received on surplus funds should be set off against the interest paid. Consequently, no interest under sections 139(8) or 217 was chargeable. en-us Fri, 24 Jan 1997 00:00:00 +0530 Mon, 06 Dec 2010 10:10:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56633 The Tribunal allowed the appeals, holding that the returns should not have been treated as 'non est', the action under section 147 was valid, and the interest received on surplus funds should be set off against the interest paid. Consequently, no interest under sections 139(8) or 217 was chargeable. Case-Laws Income Tax Fri, 24 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56633