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2004 (1) TMI 67 - GUJARAT HIGH COURTInterest u/s 216 - "Whether, the Appellate Tribunal is right in law and on facts in deleting the interest charged under section 216 of the Income-tax Act amounting to Rs. 11,940?" - Since the Commissioner of Income-tax (Appeals) has given cogent reasons for setting aside the levy of interest and looking to the smallness of the amount involved, it is not necessary to set aside the orders of the Tribunal and the Commissioner of Income-tax (Appeals) merely for remanding the matter to AO - Tribunal is right in confirming the order of the Commissioner (Appeals) in deleting the interest
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