M/S UDASEE STAMPING PVT. LTD. vs. PRINCIPAL COMMISSIONER OF INCOME TAX-III, JAIPUR
ITA/132/2019HC Rajasthan16 Jul 2021
Bench: SANGEET LODHA,MAHENDAR KUMAR GOYAL
Section 7A(1). Thus no interest could have
been charged prior to issue of the order dated 12th September,
2008 and 24th October, 2008. The orders dated 12th September,
2008 and 24th October, 2008 insofar as it demands respective
amount towards interest cannot be sustained.”
9.
It is the contention of the learned counsel for the Union of India
that