TMI Blog1982 (7) TMI 78X X X X Extracts X X X X X X X X Extracts X X X X ..... peal, considerable reduction was obtained by him under Ex. P-2 order of the AAC dated November 4, 1977. On further appeal by the department, the Tribunal by Ex. P-4 order dated 3rd January, 1980, reversed the order of the AAC, thereby restoring Ex. P-1 order. After Ex. P-1 order the petitioner had fully paid the tax as computed by the ITO. On the decision of the AAC the petitioner received, from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... was served on him consequent upon the reversal of the order of the AAC by the Tribunal. The petitioner's liability to pay interest, therefore, arises only on 26th February, 1980, which is the date of demand. This is so declared. Exhibit P-5, in so far as it has levied interest under s. 220(2) from 30th November, 1977, to 26th February, 1980, is unsustainable. It is quashed to that extent. This O. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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