Home
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1985 (3) TMI 112 - ITAT HYDERABAD-BExtract: .......y observe that before levying interest under section 215, the IAC will consider the provisions of section 215 and rule 40 with regard to the waiver or reduction of interest if the assessee s case falls within the circumstances referred to in rule 40. Thus, we uphold the order of the Commissioner. 8. In the result, the appeal fails and is dismissed.
|