1979 (11) TMI 170 - AT - Income Tax

Summary

The appeal challenged the charging of interest by the ITO, which was upheld by the AAC. The assessee argued that there was no justification for the interest levy under section 217. The ITAT Nagpur held in favor of the assessee, allowing the appeal. (Case citation: 1979 (11) TMI 170 - ITAT NAGPUR)