https://www.taxtmi.com/caselaws?id=64160 Interest on advance tax under section 214 was treated as admissible where the tax was paid before the close of the financial year, even if some instalments were deposited after the statutory due dates, because delay in instalment timing did not defeat the statutory entitlement. The Tribunal also read section 214(2) as governing the running of interest up to the date of refund, so interest continued until refund was actually made. The departmental appeals therefore failed and the directions granting interest were sustained. en-us Mon, 28 May 1984 00:00:00 +0530 Sat, 05 Feb 2011 11:54:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64160 Interest on advance tax under section 214 was treated as admissible where the tax was paid before the close of the financial year, even if some instalments were deposited after the statutory due dates, because delay in instalment timing did not defeat the statutory entitlement. The Tribunal also read section 214(2) as governing the running of interest up to the date of refund, so interest continued until refund was actually made. The departmental appeals therefore failed and the directions granting interest were sustained. Case-Laws Income Tax Mon, 28 May 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64160