2007 (8) TMI 715 - AT - Income Tax

Extract:
....... CIT (Appeals) to the Assessing Officer. We only add that charging of interest under the aforesaid section is consequential. The Assessing Officer shall recalculate the charging of interest if any, while giving effect to the appellate order. We order accordingly. 31. In the result, assessee’s appeal is partly allowed for statistical purposes.