https://www.taxtmi.com/caselaws?id=57527 The Tribunal canceled the assessment due to the invalid notice served beyond the limitation period under section 143(2). The disallowance of interest on borrowed capital was overturned, allowing the assessee to adjust interest earned against interest paid. The charging of interest under sections 234A, 234B, etc., was deemed consequential and not applicable following the assessment cancellation. en-us Thu, 07 Nov 1996 00:00:00 +0530 Fri, 10 Dec 2010 16:22:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57527 The Tribunal canceled the assessment due to the invalid notice served beyond the limitation period under section 143(2). The disallowance of interest on borrowed capital was overturned, allowing the assessee to adjust interest earned against interest paid. The charging of interest under sections 234A, 234B, etc., was deemed consequential and not applicable following the assessment cancellation. Case-Laws Income Tax Thu, 07 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57527