1990 (11) TMI 96

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t year 1971-72, the petitioner filed a nil return. The petitioner had claimed certain deductions on account of various allowances which were admissible. In appeal, the quantum of deductions allowed was increased considerably. The appeal was decided by the Tribunal on July 1, 1981. In respect of the assessment year 1973-74, the assessment had been made on September 18, 1976. The income assessed ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n respect of that year, the income was reduced from Rs. 8,47,10,120 to Rs. 4,32,33,083. The claim of the petitioner before us is for interest on Rs. 57,03,175 which was the enhanced amount of unabsorbed allowance as a result of the Tribunal's order. In our opinion, neither section 240 nor section 244 of the Income-tax Act are applicable to the present case. The Tribunal's order was only in r....