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Section 234A of the Income-tax Act, 1961 - Interest chargeable - Whether in view of decision of Supreme Court in CIT v. Ranchi Club Ltd. [2001] 247 ITR 209/114 Taxman 414, notice of demand claiming interest can be issued only when there is direction in assessment order for levying interest - Held, yes - Tribunal deleted interest charged under sections 234A and 234B, as there was no direction in assessment order for charging of interest - Whether since no question of law arose from order of Tribunal, appeal was liable to be dismissed - Held, yes CASES REFERRED TO CIT v. Ranchi Club Ltd. [2001] 247 ITR 209/114 Taxman 414 (SC) [Para 2], Ranchi Club Ltd. v. CIT [1996] 217 ITR 72 / 85 Taxman 201 (Pat.) [Para 2], Uday Mistanna Bhandar & Complex v. CIT [1996] 222 ITR 44 /[1997] 90 Taxman 500 (Pat.) [Para 2] and Smt. Tej Kumari v. CIT [2001] 247 ITR 210 (Pat.)(FB) [Para 3]. Jagdish Rai Goel for the Appellant. P.C. Sharada for the Respondent. JUDGMENT 1. This is an appeal by the Revenue under section 260A of the Income-tax Act, 1961 (for short 'the Act'), challenging the order passed by the Income-tax Appellate Tribunal, Delhi Bench 'B' (for short, 'the Tribunal'), dated August 23, 2001, deleting the interest charged under sections 234A and 234B of the Act. 2. We find that while granting relief to the assessee, the Tribunal has relied on the decision of the…

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