S. 220(2) Interest chargeable with reference to due date reckoned from original notice of demand

RELEVANT PARAGRAPH 10. It is also relevant to notice that there are certain minor issues with regard to depreciation etc., on which the learned CIT(A) affirmed the action of the Assessing Officer. It is thus clear that the entire assessment order was not set aside to enable the Assessing Officer to re frame the assessment; the order passed by the first appellate authority was only to enable to the Assessing Officer to vary the assessment originally made and not to take a re look at all the issues which were considered in the original assessment order. Paragraph-2 of Circular No.334 is relevant...