https://www.taxtmi.com/caselaws?id=160970 Interest for delayed tax payment was treated as inapplicable where supplementary returns were filed under protest before the taxability of freight charges and transport subsidy had been finally settled. The court reasoned that self-assessment under the Act requires a return admitting liability on the turnover disclosed, and a protested payment with an express reservation to dispute liability is not such an admission. Because the legal position was unsettled when the tax was paid, the later assessment did not retrospectively convert the earlier payment into a self-assessment attracting interest. en-us Thu, 11 Oct 2001 00:00:00 +0530 Fri, 27 Dec 2013 17:05:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160970 Interest for delayed tax payment was treated as inapplicable where supplementary returns were filed under protest before the taxability of freight charges and transport subsidy had been finally settled. The court reasoned that self-assessment under the Act requires a return admitting liability on the turnover disclosed, and a protested payment with an express reservation to dispute liability is not such an admission. Because the legal position was unsettled when the tax was paid, the later assessment did not retrospectively convert the earlier payment into a self-assessment attracting interest. Case-Laws VAT and Sales Tax Thu, 11 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160970