2002 (8) TMI 72

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..... eputy Commissioner (Appeals) has given cogent reasons for deleting the levy of interest. We do not find any justification at all for this reference. However, as the assessee is not represented before us, we refrain from awarding costs. The question referred to us is answered against the Revenue and in favour of the assessee. - - - - - Dated:- 20-8-2002 - Judge(s) : R. JAYASIMHA BABU., K. P. SIV .....

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..... der section 215. The assessee appealed against that order. The appellate authority, while upholding the income assessed by the Assessing Officer, set aside the levy of interest under section 139(8) as also under section 215. The appellate authority found that the estimate of income that had been given by the assessee was reasonable having regard to the turnover of the business. That order of the a .....

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