1982 (2) TMI 113 - AT - Income Tax

Summary

The appeal by the assessee was allowed by the ITAT CALCUTTA-D as the ITO's order of amendment u/s 154 was based on a debatable issue regarding interest u/s 214. The order of the AAC confirming the ITO's amendment was cancelled, and the status quo was restored. (Citation: 1982 (2) TMI 113 - ITAT CALCUTTA-D)