Interest under sec. 220 was to be computed from date of initial notice when revised demand notice wa

IT : Where pursuant to order of Tribunal, demand raised against assessee was revised, it could not be equated with actual payment of tax demanded in notice of demand and, therefore, when High Court reversed order of Tribunal, demand got revived from inception and, in such circumstances, Assessing Officer was justified in calculating interest under section 220(2) from date of notice of demand till date of actual payment