Charging of interest u/s 220(2) - demand was raised first time - ...

Interest Invalid When Demand Raised via Rectification Order u/s 154; Not Applicable to Original Assessment Order.

August 18, 2018

Case Laws Income Tax AT

Charging of interest u/s 220(2) - demand was raised first time - additions made in the rectification order passed u/s 154 - the rectification order itself cannot include the interest under section 220 (2) of the Act, and the tax determined in the rectification order does not relate back to the assessment order - Demand of interest is not valid

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Charging of interest u/s 220(2) - demand was raised first time - ...

Interest Invalid When Demand Raised via Rectification Order u/s 154; Not Applicable to Original Assessment Order.

August 18, 2018

Case Laws Income Tax AT

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