https://www.taxtmi.com/caselaws?id=60896 The assessee's appeal was dismissed, and the Revenue's appeal was allowed. The Tribunal upheld the charging of interest under section 215, emphasizing that the issue was debatable and not an apparent mistake for rectification under section 154. The Tribunal also clarified that the reassessment was limited to recalculating the interest and allowing consequential relief, not revisiting the chargeability of interest. en-us Wed, 31 Aug 1994 00:00:00 +0530 Sat, 08 Jan 2011 14:41:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60896 The assessee's appeal was dismissed, and the Revenue's appeal was allowed. The Tribunal upheld the charging of interest under section 215, emphasizing that the issue was debatable and not an apparent mistake for rectification under section 154. The Tribunal also clarified that the reassessment was limited to recalculating the interest and allowing consequential relief, not revisiting the chargeability of interest. Case-Laws Income Tax Wed, 31 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60896