Interest u/s 220(2) Applies After 35 Days from Demand Notice Post New Assessment Order.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Levy of Interest u/s 220(2) - when the assessment is reframed, interest can be charged only after the expiry of 35 days from the date of service of demand notice pursuant to such fresh assessment order - AT....
TaxTMI