https://www.taxtmi.com/caselaws?id=58143 The Tribunal held that the rectification order passed by the ITO u/s 154, imposing interest u/s 217(1A) without mention in the original assessment order for the assessment year 1973-74, was time-barred. It was found that interest could not be levied through a rectification order if not initially included in the assessment. Rulings from different High Courts and Tribunals supported this interpretation, emphasizing the need for separate orders for certain provisions like u/s 217. The appeal was allowed based on these grounds, without delving into the penalty imposition aspect, clarifying the limitations of rectification orders in tax assessments. en-us Sat, 25 Jun 1983 00:00:00 +0530 Fri, 17 Dec 2010 15:50:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58143 The Tribunal held that the rectification order passed by the ITO u/s 154, imposing interest u/s 217(1A) without mention in the original assessment order for the assessment year 1973-74, was time-barred. It was found that interest could not be levied through a rectification order if not initially included in the assessment. Rulings from different High Courts and Tribunals supported this interpretation, emphasizing the need for separate orders for certain provisions like u/s 217. The appeal was allowed based on these grounds, without delving into the penalty imposition aspect, clarifying the limitations of rectification orders in tax assessments. Case-Laws Income Tax Sat, 25 Jun 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58143