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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Levy of interest u/s 220(2) - Once the Tribunal’s order is ...

Income Tax

October 8, 2015

Levy of interest u/s 220(2) - Once the Tribunal’s order is vacated and the original order is revived, the original demand that remained unpaid also gets revived. - charging interest u/s.220(2) of the Act for the entire period from the date of original demand notice till the time when the order giving effect to the Hon'ble High Court of Karnataka was passed. is correct - AT

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