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2019 (7) TMI 932 - AT - Income TaxRectification of mistake - Charging of interest u/s 220(2) - As per assessee’s submissions, the interest was to be charged after expiry of 35 days from the issue of fresh assessment order passed pursuant to the directions of the Tribunal in set aside proceedings and not from the date of issue of original assessment order dated 27/03/1995 - chargeability of interest under Sec. 234A, 234B & 234C HELD THAT:- We have perused the cited order of Tribunal rendered in cross appeals in assessee’s own case for AY 1992-93 [2019 (2) TMI 1198 - ITAT MUMBAI] passed in the matter of assessment framed u/s 143(3) r.w.s. 254 of the Act. We find that the issue of charging of interest u/s 234A, 234B, 234C & 220(2) has already been delved into by the co-ordinate bench wherein the revenue authorities have been directed to follow the order passed in the case of Late Harshad S. Mehta and charged interest accordingly. As held that interest u/s 220(2) was to be charged from the date of default of fresh demand notice issued after the fresh assessment made in consequent of the orders of the appellate authorities. Similarly, the issue of charging of interest u/s 234A, 234B & 234C has also been dealt with by the coordinate bench, in other paras. Since a view has already been taken by the coordinate bench in the matter, refraining from delving into the issues any further, we direct Ld. AO to follow the cited order of the Tribunal. Appeal stands dismissed.
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