Interest u/s. 244A is also payable on interest portion of tax demand

HIGH COURT OF ALLAHABAD Lohia Starlinger Ltd. v/s. Commissioner of Income-tax CIVIL MISC. WRIT PETITION TAX NO. 676 OF 2000 JULY 6, 2012 JUDGMENT 1. M/s Lohia Starlinger Limited (the petitioner) is a public limited company, incorporated under the Companies Act, 1956. On 1.3.1993 M/s Lohia Machinery Manufacturers Limited, a loss making company, amalgamated with the petitioner-company, carrying a total loss of Rs. 3,53,99,401/-. The original assessment under Section 143 (3) of the Income-tax Act, 1961 (the Act) for the assessment year 1993-94, was completed by Assistant Commissi...