https://www.taxtmi.com/caselaws?id=58833 The Tribunal held that the Income Tax Officer's order under section 216 of the Income-tax Act was not time-barred and within the permissible time frame for levy of interest. It clarified that the order under section 216 is separate from the assessment and the absence of mention of interest in the assessment order does not waive the ITO's discretion to decide on interest independently. The Tribunal restored the ITO's order as no submissions were made challenging the levy, allowing the departmental appeal. en-us Mon, 31 Oct 1983 00:00:00 +0530 Wed, 22 Dec 2010 14:17:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58833 The Tribunal held that the Income Tax Officer's order under section 216 of the Income-tax Act was not time-barred and within the permissible time frame for levy of interest. It clarified that the order under section 216 is separate from the assessment and the absence of mention of interest in the assessment order does not waive the ITO's discretion to decide on interest independently. The Tribunal restored the ITO's order as no submissions were made challenging the levy, allowing the departmental appeal. Case-Laws Income Tax Mon, 31 Oct 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58833