https://www.taxtmi.com/caselaws?id=60484 The tribunal dismissed the revenue's appeals and allowed the assessee's cross objections, concluding that the Assessing Officer lacks the authority to withdraw, reduce, or increase interest granted under section 244(1A) of the Income-tax Act. The tribunal also deemed the Appellate Commissioner's suggestion for rectification as unwarranted interference with the Assessing Officer's judicial functions, emphasizing the need for independent decision-making in rectification orders. en-us Fri, 21 Aug 1992 00:00:00 +0530 Wed, 05 Jan 2011 15:29:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60484 The tribunal dismissed the revenue's appeals and allowed the assessee's cross objections, concluding that the Assessing Officer lacks the authority to withdraw, reduce, or increase interest granted under section 244(1A) of the Income-tax Act. The tribunal also deemed the Appellate Commissioner's suggestion for rectification as unwarranted interference with the Assessing Officer's judicial functions, emphasizing the need for independent decision-making in rectification orders. Case-Laws Income Tax Fri, 21 Aug 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60484