COMMISSIONER OF INCOME TAX Vs. GHEWAR CHAND SONI

JUDGEMENT

(1.) HEARD learned counsel for the appellant.

(2.) THE appeal relates to asst. yr. 1988-89. The only question sought to be raised by the Revenue in this appeal is that since the amendment made in S. 139(8) where any regular assessment is made for the first time, whether under S. 143 or under S. 147 of the IT Act for the purpose of levy of interest, it is still governed by provision of S. 139(8).

(3.) BY way of amendment under S. 139(8) where no regular assessment has been made under s. 143 or 144 in the first instance, the assessment under S. 147 is also to be treated as regular assessment.