https://www.taxtmi.com/caselaws?id=62982 Interest under section 201(1A) is chargeable as simple interest from the date tax was deductible until the date of actual payment. The expression "actually paid" was construed to mean the real payment of the tax due, and the limitation concept in section 231 was held irrelevant to the levy of this interest. The period for charging interest therefore runs up to actual discharge of the tax liability, and the section 231 restriction was rejected. en-us Thu, 17 Dec 1981 00:00:00 +0530 Thu, 27 Jan 2011 10:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62982 Interest under section 201(1A) is chargeable as simple interest from the date tax was deductible until the date of actual payment. The expression "actually paid" was construed to mean the real payment of the tax due, and the limitation concept in section 231 was held irrelevant to the levy of this interest. The period for charging interest therefore runs up to actual discharge of the tax liability, and the section 231 restriction was rejected. Case-Laws Income Tax Thu, 17 Dec 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62982