https://www.taxtmi.com/caselaws?id=164570 Where tax was duly paid on the basis of the rate in force when the final return was filed and accepted, a later retrospective enhancement of the tax rate did not, by itself, create liability to pay interest on the amount. The court treated the closure of the business and acceptance of the return as decisive, and held that the subsequent increase could not be used to reopen the matter for interest under section 22. The assessee was therefore not liable to pay interest on the enhanced tax amount. en-us Tue, 05 Jan 2010 00:00:00 +0530 Sat, 26 Apr 2014 11:04:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164570 Where tax was duly paid on the basis of the rate in force when the final return was filed and accepted, a later retrospective enhancement of the tax rate did not, by itself, create liability to pay interest on the amount. The court treated the closure of the business and acceptance of the return as decisive, and held that the subsequent increase could not be used to reopen the matter for interest under section 22. The assessee was therefore not liable to pay interest on the enhanced tax amount. Case-Laws VAT and Sales Tax Tue, 05 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164570