1971 (3) TMI 50 - HC - Income Tax

Summary

The High Court of Allahabad ruled that no appeal lies against an order levying penal interest under section 18A(6) of the Income-tax Act. This decision was based on a previous case law and was upheld by the court. The assessee, a private limited company running a sugar mill, had appealed to the Appellate Assistant Commissioner but was unsuccessful. The court answered the question in the affirmative, with no costs awarded and counsel's fee assessed at Rs. 200.