1996 (9) TMI 80

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... J.--By this reference, under section 256(1) of the Income-tax Act, 1961 (for short, "the Act"), the following question has been referred for opinion of this court : " Whether, on the facts and in the circumstances of the case, the Tribunal has not erred in holding that no interest under sections 139(8) and 217 of the Act can be charged at the time of rectification of the assessment order ? " ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t cannot be charged in the rectification proceedings. Being aggrieved, the Revenue preferred an appeal before the Income-tax Appellate Tribunal. The Tribunal dismissed the appeal. Hence, at the instance of the Revenue, the above question has been referred. We have heard Mr. G. K. Joshi, learned standing counsel appearing on behalf of the Revenue. None appears on behalf of the assessee. Mr. J....