THE DCIT, COCHIN vs. M/S APPOLLO TYRES LTD, COCHIN

In the result, the appeal filed by the Revenue is allowed for statistical purposes

Bench: Shri George George K, Jm & Shri Manjunatha G, Am

147 only subsequent to a regular assessment u/s 143(3) of the Act, and such reassessment followed by various Appellate orders and the consequential orders of the AO giving effect to such Appellate orders have only reduced the assessed income from the amount assessed in the regular assessment u/s 143(3). Therefore, the applicable interest is to be calculated u/s