https://www.taxtmi.com/caselaws?id=211544 Interest on tax attributable to disclosed turnover was treated as payable under section 8(1) of the U.P. Trade Tax Act, 1948 from the date the tax became due, because the turnover had been shown in the assessee's accounts and its taxability was ultimately upheld. A liability that was initially disputed does not cease to be "tax admittedly payable" once taxability is finally affirmed. Section 8(1B) applies only to tax outside section 8(1), so it does not govern interest on tax found payable on disclosed turnover; the interest consequence therefore runs from the original due date, not from the assessment order or demand notice. en-us Tue, 05 Apr 2011 00:00:00 +0530 Mon, 10 Jul 2017 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211544 Interest on tax attributable to disclosed turnover was treated as payable under section 8(1) of the U.P. Trade Tax Act, 1948 from the date the tax became due, because the turnover had been shown in the assessee's accounts and its taxability was ultimately upheld. A liability that was initially disputed does not cease to be "tax admittedly payable" once taxability is finally affirmed. Section 8(1B) applies only to tax outside section 8(1), so it does not govern interest on tax found payable on disclosed turnover; the interest consequence therefore runs from the original due date, not from the assessment order or demand notice. Case-Laws VAT and Sales Tax Tue, 05 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211544