https://www.taxtmi.com/caselaws?id=58183 The tribunal reversed the CIT(A)'s decision and reinstated the interest charged under section 139(8) for a registered firm in the assessment year 1984-85, holding that interest could be levied even if no tax was payable after considering advance tax and TDS. They found that the CIT(A) misinterpreted the relevant provisions and upheld the department's appeal based on the current law and Bombay High Court decisions. en-us Wed, 24 Apr 1991 00:00:00 +0530 Fri, 17 Dec 2010 17:16:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58183 The tribunal reversed the CIT(A)'s decision and reinstated the interest charged under section 139(8) for a registered firm in the assessment year 1984-85, holding that interest could be levied even if no tax was payable after considering advance tax and TDS. They found that the CIT(A) misinterpreted the relevant provisions and upheld the department's appeal based on the current law and Bombay High Court decisions. Case-Laws Income Tax Wed, 24 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58183